GM Retains Top Spot In 2024 US Auto Sales [Barron's]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: Barrons
The major American automaker sold more than 2.7 million vehicles last year, four percent up from 2023, on the back of a rise in fourth quarter sales as well -- reaching 755,160 units. This put it ahead of its competitors, with an overall market share of around 16.5 percent. In particular, it saw sales increase for several models like the Trax compact SUV and Colorado pickup from the Chevrolet brand, and the Sierra pickup from GMC. "We're carrying significant momentum into 2025," said GM president of global markets Rory Harvey. Toyota Motor North America meanwhile clocked US sales of 2.3 million vehicles last year, with the company's fourth quarter sales slipping to 603,104 units. But Toyota struck an optimistic note for 2025, saying it was preparing to introduce new vehicles and start battery production at its $13.9 billion North Carolina facility to meet future demand. Ford, which also released its sales results on Friday, sold nearly 2.1 million vehicles last year with
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