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Toyota reports 20% jump in first-quarter US auto sales

Published 04/02/2024, 11:39 AM
Updated 04/02/2024, 11:40 AM
© Reuters. Toyota trucks are shown on a car carrier for delivery after arriving in the United States in National City, California, U.S. June 27, 2018.        REUTERS/Mike Blake/File Photo
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(Reuters) - Toyota Motor (NYSE:TM) North America (TMNA) reported an about 20% rise in first-quarter U.S. auto sales on Tuesday, helped by demand for its affordable sedans, crossovers SUVs and pickup trucks.

TMNA, a unit of Japan's Toyota Motor Corp, sold 565,098 vehicles compared with 469,558 units a year earlier.

The automaker has also been modernizing long-running nameplates such as its Land Cruiser, 4Runner, Tundra and Prius models.

© Reuters. Toyota trucks are shown on a car carrier for delivery after arriving in the United States in National City, California, U.S. June 27, 2018.        REUTERS/Mike Blake/File Photo

Sales of RAV4 crossover surged 47.4% 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% to 206,850 units.

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