Toyota has been fighting an uphill battle against limited parts and slowed production following March 11th's record earthquake. The Japanese automaker recently announced however, that production levels at its manufacturing facilities across North America are recovering faster than expected. Rather than November, production is now forecast to return to normal levels in September.
Toyota of New Orleans, located at 13150 I-10 Service Road would also like to note that on June 6, Toyota resumed normal production levels for the Toyota Camry, Toyota Corolla, Toyota Sienna, and Toyota Highlander. And, the Toyota Tundra, Toyota Tacoma, and Toyota RAV4 are expected to follow suit by the new September target.
"I'm doing back flips," says Bob Carter, Group VP of U.S. Sales, Toyota. "In June, our inventories were at the bottom, but will be improving quickly."1
Toyota inventory shortages resulted in a 33-percent drop in U.S. sales in May alone, and continue to restrict June deliveries as well. Ever optimistic Carter says, "In July, you'll see us come back to a more normalized share of the market."2
To put this into perspective, Toyota sold well over 140,000 vehicles in June 2010. Carter also explains Toyota's current 37-day supply of vehicles will continue to improve, in coming months...something consumers, dealers and Toyota employees can all rejoice.
Interested in more Toyota news? Stay tuned. Toyota of New Orleans, serving the greater Slidell area, is dedicated to keeping you up to date on everything from production levels to new Toyota model debuts to Toyota's development of late-breaking technology to their latest philanthropic efforst.