Toyota Motor North America Reports Year-End 2022 US Sales Results

This article will explain the news about Toyota Motor North America Reports Year-End 2022 US Sales Results. Sales of 536,740 vehicles were reported for the US in the fourth quarter of 2022, up 13.1 percent in volume and DSR from the same period in 2021. One hundred eighty thousand one hundred forty-seven automobiles were dealt with in the United States in December 2022, up 3.5% in volume and DSR from December 2021.

According to Jack Hollis, executive vice president, Sales at TMNA, “In 2022, we further cemented our leadership position in electrified vehicles, and through our 20 electrified options, we’re giving customers a choice that fits their lifestyle and needs”.

We are committed to providing consumers with top-notch service and products, and we’re getting ready to unveil nearly 20 all-new, updated, or special edition vehicles in 2023, including sedans and even more electrified options, thanks to our manufacturing team and great dealers.

2022 TMNA Highlights

• Toyota and Lexus brands collectively have 20 electric vehicles on sale, the most of any carmaker.
• The 504,016 electrified vehicle sales in 2022 will account for roughly 24% of all sales.
• Predicted to sell the most passenger cars for the 11th year in a row and 19 of the last 20
• December sales are up 3.5%
• Sales of cars increased by 23.3% in December.
• Sales rose 13.1% in the fourth quarter.
• Car segment sales increased by 43.7% in the fourth quarter.
• Truck sales rose 4.5% in the fourth quarter.
• It announced a further $2.5 billion investment, bringing the total to $3.8 billion, at the company’s North Carolina manufacturing facility to make batteries for electric and hybrid vehicles. Production is anticipated to begin in 2025, creating 2,100 new employees.
• Through its SmartPath and Monogram platforms, TMNA’s digital retail sales of new automobiles soared beyond 152,000 at more than 360 dealers; By the summer of 2023, more than 100 dealers will be operational on both platforms.