Toyota Motor North America Records US Sales Increase Of 14.9% In June

Toyota Motor Corporation's TM Toyota Motor North America said its U.S. sales for June increased 14.9% on a volume and daily selling rate (DSR) basis year-on-year to 195,448 vehicles.

June 2023 sales of electrified vehicles totaled 51,535, a 28.8% rise Y/Y, representing 26.4% of total monthly sales.

Toyota division sales jumped 14.4% on a volume and DSR basis to 168,680 vehicles. 

Also Read: Toyota Posts 10% Sales Growth In May Boosted By Improved Supply Chain Logistics

Passenger car sales rose 8.9%, and Truck sales increased 17.8% Y/Y.

For the first half of 2023, TMNA reported U.S. sales of 1.038 million vehicles, a 0.7% decrease Y/Y on a volume and DSR basis.

Jack Hollis, executive vice president, Sales, TMNA, said, "Our teams are working around the clock to get vehicles into customers' hands and they can expect even more exciting and electrified products later this year, including the all-new Grand Highlander, Toyota Tacoma and a new nameplate from Lexus, the TX."

Also Read: Toyota Gets $841M Support From Japan To Boost Domestic EV Battery Capacity

Price Action: TM shares are trading higher by 0.90% at $161.91 on the last check Wednesday.