Toyota Registers ~10% US Sales Decline In 2022 As EV Sales Slump 14%

by Shivani Kumaresan, Benzinga Staff Writer

January 4, 2023 2:01 PM | 1 min read |

Toyota Motor Corp TM reported fourth-quarter FY22 U.S. sales of 536,740 vehicles, an increase of 13.1% on a volume basis and daily selling rate (DSR) basis.
U.S. December 2022 sales totaled 180,147 vehicles, a 3.5% rise Y/Y. December car division sales rose 23.3%
TMNA's 2022 electrified vehicle sales of 504,016 represent nearly 24% of the total sales volume.
The company reported 2022 U.S. sales of 2.108 million vehicles, a decrease of 9.6% on a volume basis and a decrease of 9.9% on a DSR basis.
TMNA's Electrified Vehicles sales totaled 504,016 units in 2022, down 13.9% on a DSR basis.
Also Read: Toyota Partners With Oncor To Accelerate EV Charging Ecosystem
Price Action: TM shares are trading lower by 0.62% at $137.42 on the last check Wednesday.
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