Toyota Expects Average New Car Prices To Top $50,000 This Year | Carscoops carscoops
reports that there could be as many as 6 million potential new-vehicle buyers in the United States who have been sidelined by inventory and pricing issues. Despite this, Hollis still expects a strong year for Toyota in North America, stating that it and Lexus could sell 100,000 more vehicles than the 2.1 million units they sold in the U.S.
last year.“We’re going to see that it’s a year of really two halves — whether it’s Toyota or Lexus,” Hollis said. “This first quarter, we knew it would be slower for us. The second quarter will still be a little slow — not quite as slow as the first quarter — but the first half will be behind last year, and the second half will be ahead of last year.”
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