Toyota posts 3.7% rise in 2024 US sales
ReutersJan 3, 2025 4:00 PM
Jan 3 (Reuters) - Toyota Motor North America reported a 3.7% rise in annual U.S. auto sales on Friday, benefiting from higher demand for its hybrid vehicles.
The company, a unit of Japan's Toyota Motor Corp 7203.T, sold 2.33 million vehicles in 2024, higher than the 2.25 million units it sold a year ago.
The automaker sold just over 1 million electrified vehicles in 2024, a 53% jump over the year earlier.
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Shilpi Majumdar)
((UtkarshUmesh.Shetti@thomsonreuters.com))
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Related Articles
Asset Allocation in Emerging Europe: Any Investment Opportunity in This Region?
This article builds on the previous report, delving into an analysis of the stock, bond, and foreign exchange markets in the region.TradingKey
8 hours ago
Can Palantir Stock Be a Big Winner For Investors Again in 2025?
TradingKey - Any investor who had a stake in large cap Artificial Intelligence (AI) stocks in 2024 probably did pretty well. That was down to the fact that the thematic powered the US stock market higher last year, with the S&P 500 Index ending the year up 23.3%.TradingKey
13 hours ago
1 Stock To Buy for the Renewable Energy Revolution
TradingKey - When we talk about renewable energy and the boom in demand for cleaner sources of fuel, many investors may think the biggest winners are companies involved in electric vehicles (EVs) or solar panel production.TradingKey
13 hours ago
Better Artificial Intelligence Stock: IonQ vs. Rigetti Computing
When investors discuss the artificial intelligence (AI) market, they often focus on GPU makers like Nvidia, generative AI software developers like OpenAI, AI-driven cloud giants like Microsoft, and data center and networking chipmakers like Broadcom. Yet those investors will often overlook the potenThe Motley Fool
14 hours ago
