Exodus from cars takes toll on Toyota's January sales

February 2, 2016 5:00 PM

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Toyota's U.S. sales fell 4.7% in January, compared to a year earlier, as consumers' exodus from cars took a toll on the Japanese automaker's performance.

The company's namesake Toyota brand reported a 3.9% sales decline. The Lexus luxury brand posted a 9.5% decline.

Also read: GM, Ford sales up; FCA down 14.3% in November

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