Toyota, Honda Took it on Chin in January

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Not even powerhouses like Toyota and Honda can avoid the pain from the recession and credit crunch.


(AP) Japanese rival Toyota's sales dropped 32 percent for the month, and Honda's sales fell 28 percent.

Toyota sold 117,287 cars and trucks.

Toyota Motor Corp.'s sales of light trucks fell 35 percent on about equal declines in SUV and pickup truck demand, while its car sales dropped 29 percent. Sales of its Prius hybrid slid 29 percent.

Honda Motor Co.'s car sales fell 27 percent and its truck sales dropped 29 percent, but the Japanese automaker saw a 6 percent increase in sales of its Fit subcompact, and sales of the updated Acura TSX sports sedan rose 16 percent.

The headquarters of Toyota's U.S. sales and marketing division and Honda's US operations are based in Torrance.

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This page contains a single entry by Muhammed El-Hasan published on February 3, 2009 12:07 PM.

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Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

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Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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