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Toyota US sales down 0.9% YOY in December 2018

Toyota Motor Corp. reported a 0.9% year-over-year drop in U.S. sales for December 2018.

Toyota Motor North America sold 220,910 vehicles, down 0.9% on a volume basis from December 2017.

The Toyota brand sold 185,386 vehicles in December 2018, down 1.1% on a volume basis compared with December 2017. The Lexus brand sold 35,524 vehicles, up 0.2% on a volume basis from December 2017.

In 2018, Toyota Motor North America sold 2.43 million vehicles, down 0.3% from 2017.

"What a tremendous finish to our year," Jack Hollis, group vice president and general manager of the Toyota division, said. "That sales momentum is carrying over into the new year with the launch of the new RAV4, the best-selling SUV in the U.S., the all-new Corolla, coming to dealerships in March, and the return of the legendary Toyota Supra. We are truly encouraged by what should be an incredible 2019."

Toyota shares were down 1.62% at $114.40 on Jan. 3.