Toyota July US Auto Sales Surge

 
on August 01 2012 3:54 PM
Toyota workers inspect the new Lexus ES vehicles at a Toyota plant in Miyawaka
Toyota workers inspect the new Lexus ES vehicles at a Toyota plant in Miyawaka Reuters

Toyota Motor Corporation (NYSE: TM) reported on Wednesday July U.S. car sales up 26.1 percent to 164,898 as the company continued to recover from last year's natural disasters in Japan and Thailand. Toyota brand sales rose 36.7 percent to 146,663 while luxury Lexus brand sales rose 35.9 percent to 18,235.

Passenger cars, particularly the Camry, Corolla and Prius models made up about half of Toyota's sales while light trucks accounted for about a third. Toyota brand car sales grew 33.2 percent while light trucks gained 18.6 percent. Sales of Lexus brand cars grew 22.4 percent to 9,759 and SUV sales increased 29.1 percent to 8,476.

Toyota Motor Corporation (NYSE: TM) shares rose 40 cents to $76.91 Wednesday afternoon.

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