Japanese carmakers Toyota and Nissan, on Tuesday posted higher than expected sales for the month of March as a thaw in the weather began to bring car buyers back to showrooms.
Toyota, the largest carmaker in the world said new car sales rose 4.9 percent last month compared to March 2013. The automaker sold 215,348 units in March.
“Solid March sales pushed first-quarter industry results ahead of last year’s pace despite one of the harshest winters on record,” said Bill Fay, Toyota division group vice president and general manager.
“Toyota dealers had their two best sales weekends of the year late in the month, and we’re optimistic that momentum will spring us in into April.”
On the same time, Nissan, Japan’s second largest carmaker said car sales rose 8.3 percent to 149,136 units. Nissan Group’s March sales marked the best-ever monthly total in the company’s history. March also marks a monthly record for Nissan division in 12 of the last 13 months, the automaker announced in an official press statement.
Infiniti, Nissan’s premium division said it sold 12,494 premium cars last month – up 12.5 percent compared to March 2013 when it sold 11,103 units.
Honda Motor did not reported yet its sales for March, but most analysts expect a decline.