LOS ANGELES — It used to be that when the market was up, Toyota sales were up. And when the market was down, Toyota sales were still up.
Not so this year. Toyota Motor Sales U.S.A. Inc. is down into the mire with the rest of the industry. Through June, Toyota, Lexus and Scion sales combined were off 6.8 percent. Like everyone else, Toyota is struggling to sell big trucks and SUVs.
But Jim Lentz, president of Toyota Motor Sales, isn't hitting the panic button. In an interview with Automotive News Staff Reporter Mark Rechtin about the power of demographics, Lentz said medium- and long-term prospects for the market are pretty good.