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BUSINESSSA Express-News·10h ago

Toyota’s electrified vehicle sales surge nearly 40% in September as automaker closes in on GM

Photo · SA Express-News
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Toyota reported a nearly 40% surge in electrified vehicle sales for September, helping the company narrow the sales gap with General Motors. While gas-powered vehicle sales declined by 16.5%, the company's overall monthly sales still rose by 8.4%.

Toyota Motor Corp.’s electrified vehicle sales surged nearly 40% last month, helping it draw closer to U.S. sales king General Motors Co. The electrified vehicle segment has been powering Toyota’s U.S. sales as its gas-powered vehicles have struggled for most of the year. That trend continued in September with gas-powered sales down 16.5%, or 16,567 fewer vehicles sold. But even with that drop, the automaker’s overall sales in September rose 8.4%. In total, Toyota sold 15,558 more vehicles in…

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