Toyota Motor North America Says June 2024 U.S. Sales Of 193,120 Vehicles, Down 1.2% On A Volume Basis; June 2024 U.S. Electrified Vehicles Sales 84,781 Units, Up 64.5% On A Volume Basis
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Toyota Motor North America reported June 2024 U.S. sales of 193,120 vehicles, a decrease of 1.2% on a volume basis. However, sales of electrified vehicles surged by 64.5% to 84,781 units.
July 02, 2024 | 3:39 pm
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Toyota Motor North America saw a slight decline in overall U.S. vehicle sales for June 2024, down 1.2%. However, the company experienced a significant increase in electrified vehicle sales, up 64.5%.
While the overall sales volume decreased slightly, the substantial increase in electrified vehicle sales is a positive indicator for Toyota's future growth in the EV market. This could lead to a positive short-term impact on Toyota's stock price.
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