Toyota Canada reports positive gains in October

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Toyota Canada Inc. reported sales of 14,980 Toyota, Lexus and Scion cars, trucks and SUVs in October, up 3 per cent from the same month the previous year.

This included an 8.5-per cent boost to truck/SUV sales across Lexus and Toyota, for TCI’s best ever October truck sales.

Toyota brand sales were up 2.5 per cent with gains in a number of key models like the Avalon (up 56.4 per cent), Camry (up 43.3 per cent), Camry Hybrid (up 137.9 per cent) and Prius (up 15.8 per cent).

Trucks and SUVs experienced solid growth with Tacoma 4×4 (up 38.7 per cent), Highlander (up 69.0 per cent), Highlander Hybrid (up 168.2 per cent) and Sienna (up 22.2 per cent).

“In addition to launching the all-new Prius v, the next generation Yaris Hatch and Camry, and a significantly updated Tacoma in the fourth quarter, we’re also launching a special promotion to close out 2011,” said Tony Wearing, managing director, Toyota Canada Inc. “The Year End Countdown event offers great cash incentives on popular 2011 models as we make room for 2012.”

Toyota’s Year End Countdown event features the following cash incentives:
-    Up to $4,000 on 2011 Avalon, Corolla, Matrix, RAV4, Tacoma and Venza
-    Up to $5,000 on 2011 Camry
-    Up to $6,000 on 2011 Camry Hybrid and Tundra

In related news, Toyota/Lexus Financial Services have announced two new financing options for Canadian drivers to help with affordability in the market.

The Bi-Weekly Loan Payment option and Low Kilometre Leasing option allow customers to lower their lease payments. Details are available at Toyota and Lexus Dealers across Canada.