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Toyota sees U.S. auto industry 2018 sales at 16.8 million units - executive


By David Shepardson(Reuters) - Toyota Motor Corp sees U.S. auto industry new vehicle sales at 16.8 million units in 2018, Jim Lentz, the Japanese automaker's top executive in North America told Reuters on Wednesday.U.S. new vehicle sales fell 2 percent in 2017 to around 17.23 million units, after hitting a record high of 17.55 million units in 2016, and are widely expected to fall further in 2018."We think it is going to continue to drop a little, probably around 16.8 (million units) for the industry," Lentz told Reuters on the sidelines of an event to announce a joint $1.6 billion auto ...

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First Published: Thu, January 11 2018. 06:42 IST