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Toyota’s Global Sales Rise in August Amid U.S. Demand Surge
Toyota’s Global Sales Rise in August Amid U.S. Demand Surge
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BTCCSquare news:
Toyota's global sales increased for the eighth consecutive month in August, driven by robust demand in the U.S. market. The automaker sold 844,963 vehicles worldwide, marking a 2.2% year-over-year growth. U.S. sales surged 13.6% to 225,367 units, with hybrid models like the Camry and RAV4 contributing significantly.
Year-to-date sales reached 6.9 million vehicles, up 5% from 2024. The recovery follows production halts linked to recalls of the Lexus TX and Grand Highlander SUVs. Despite potential cuts to Lexus ES sedan production in Kentucky, Toyota's performance underscores resilient consumer appetite for its vehicles.
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