Business
Toyota’s 2023 US sales rise 6.6%
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Toyota Motor North America on Wednesday reported a 6.6 per cent rise in annual U.S. auto sales, benefiting from strong demand for its affordable sedans and crossover SUVs.
The company, a unit of Toyota Motor Corp, sold 2.25 million vehicles in 2023, compared with about 2.1 million units a year earlier.
Sales of Toyota’s electrified vehicles rose nearly 31 per cent from a year earlier, while the sales ratio of those to total vehicles was 29.2 per cent, up from about 24 per cent last year.
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