Toyota posts 3.7% rise in 2024 US sales

(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, 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)

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