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Toyota's 2023 US sales rise 6.6%

Published 01/03/2024, 10:34 AM
Updated 01/03/2024, 10:35 AM
© Reuters. FILE PHOTO: David Christ, group vice president and general manager of the Toyota Division at Toyota Motor North America speaks as Japanese automaker Toyota unveils the newly redesigned 2023 Prius prior to the start of the Los Angeles Auto Show in Los Ange
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(Reuters) - Toyota Motor (NYSE:TM) North America on Wednesday reported a 6.6% rise in annual U.S. auto sales, benefiting from strong demand for its affordable sedans and crossover SUVs.

© Reuters. FILE PHOTO: David Christ, group vice president and general manager of the Toyota Division at Toyota Motor North America speaks as Japanese automaker Toyota unveils the newly redesigned 2023 Prius prior to the start of the Los Angeles Auto Show in Los Angeles, California, U.S., November 16, 2022.  REUTERS/Mike Blake/File Photo

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% from a year earlier, while the sales ratio of those to total vehicles was 29.2%, up from about 24% last year.

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