Toyota’s US Deliveries Fall 23.5% in March
2022.04.01 19:07
By Sam Boughedda
Investing.com — On Friday, Toyota Motor Corporation (NYSE:TM) reported its US delivery numbers with US sales of 194,178 vehicles, down 23.5% year over year.
The company’s first-quarter US sales of 514,592 vehicles fell 14.7% from the previous year, although sales of electrified vehicles for the quarter were 132,938, representing nearly 25.8% of its total volume, up from 22.9% the previous year.
The company’s Toyota division posted March sales of 170,664 vehicles, down 22.6%, while the Lexus division had sales of 23,514 vehicles, down 29.1% in the month.
“As we work through the ever-changing market dynamics, our customers can depend on our diverse lineup of sedans, trucks, utilities and electrified vehicles for their lifestyle,” stated Jack Hollis, senior vice president of automotive operations at Toyota Motor North America.
Toyota shares are down 0.33% Friday.
