The Toyota Camry has a popularity, even inside Toyota itself, for being a humdrum automobile.
However gosh does it ever promote.
The Camry was the top-selling passenger automobile in the US in 2019, and is likely one of the bestselling autos of all time.
It stays certainly one of Toyota's most profitable autos of any form, even if it's making an attempt to compete in a market that's tilting in favor of sport utility autos and crossovers.
That is not to say the shift hasn't away from vehicles hasn't harm it. Gross sales are falling, from a peak of about 473,000 in 2007 to about 337,000 in the present day.
Not like U.S. automakers, which have minimize manufacturing of their very own sedans and coupes, Toyota will not be pulling out of conventional passenger vehicles anytime quickly. The corporate sees the abandonment of those segments by others as a possibility to seize market share, which it has. In the usual midsize sedan section, Toyota informed CNBC it gained about four proportion factors of market share between 2015 and 2019, rising from 15% to...
Supply cnbc.com