Toyota reports 20% jump in first-quarter US auto sales
TOYOTA Motor North America (TMNA) reported an about 20 per cent rise in first-quarter US auto sales on Tuesday (Apr 2), helped by demand for its affordable sedans, crossovers SUVs and pickup trucks.
TMNA, a unit of Japan’s Toyota Motor, sold 565,098 vehicles compared with 469,558 units a year earlier.
The automaker has also been modernising long-running nameplates such as its Land Cruiser, 4Runner, Tundra and Prius models.
Sales of RAV4 crossover surged 47.4 per cent to 124,822 units from a year earlier, extending its run as TMNA’s largest selling model.
Sales of electrified vehicles, which includes hybrids, EVs and hyrdogen fuel cell vehicles, rose about 74 per cent to 206,850 units. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Can CDL become a powerhouse in fund management?
Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet
Data centre energy demand from Asean telcos not a ‘big risk’, says industry group
