Los Angeles, CA (PRWEB) March 1, 2009
There has been a significant setback in auto sales on a global scale due to the current economic downturn but one website has come out with figures that state global sales still remain strong.
"The United States is one of the largest markets for Toyota sales, so overall sales of cars are highly linked to the US markets" says the website. The website continues on to argue that the global market continues to remain strong.
The Asian markets are very keen on Toyota cars because they are cheap, fuel efficient, and reliable as compared to American cars. The Japanese auto maker, Toyota, has made a valiant effort at marketing in Asia. The fastest growing Asian markets are: India, Thailand, Indonesia, Malaysia, Vietnam, and the Philippines. Population growth and an improvement to the quality of life for the middle class has turned up more consumers in these markets than in previous years.
The website states that in these countries, the market for cars still remains strong. Sales could be strong. But unfortunately for the buyers, the loan industry has tightened credit and has been denying loans to plenty of potential customers.
According to the website, the fastest growing country as analyzed through their web traffic is the Philippines. In terms of bulk traffic, another country that is extremely popular is Malaysia.
The web site traffic has grown eight-fold since May 2008 and most of that growth has been in the global market, says the web site.
The website has listed and described a list of over 70 Toyota models and has been able to track the models preferred by specific countries.
For example, the popular Toyota models in Malaysia are the Ipsum, Isis, Starlet, Rav4, Celica, Caldina, and the Passo. In the Philippines, the popular models of interest are the Starlet, Supra, and Land Cruiser.