- Benzinga
Toyota US Sales Drop 17.9% In June
Toyota Motor Corp (NYSE: TM) said its North America business (TMNA) reported U.S. sales in June 2022 of 170,155 vehicles, a 17.9% decrease on a volume basis and down 21.1% on daily selling rate (DSR) basis Y/Y. Sales of electrified vehicles totaled 39,965, representing 23.5% of total monthly sales. On a volume basis, the Toyota division's June sales dropped 18.3% to 147,495 vehicles, and Lexus decreased 15.2% to 22,660 units. The company's first-half 2022 sales fell 19.1% on a volume basis Y/Y t
- Benzinga
Embraer Collaborates With Toyota To Maximize Production System Efficiency
Embraer SA (NYSE: ERJ) has signed an agreement with Toyota Motors Corp (NYSE: TM) Toyota do Brasil to embrace Toyota Production System (TPS) principles and concepts in its industrial operations. With this initiation, Embraer aims to eliminate waste, obtain operational efficiency, and increase value generation for stakeholders. In the first phase, a team of TPS specialists from Toyota Brazil will evaluate and suggest improvements for Embraer's main manufacturing area at the Ozires Silva Unit, loc
- Reuters
GM outsells Toyota in Q2 as inventory shortages linger
(Reuters) -General Motors Co surpassed Toyota Motor Corp in second-quarter U.S. car sales, data on Friday showed, even as persistent chip shortages and supply chain disruptions crimped automakers' ability to meet pent-up demand. GM, which lost its crown as the U.S. sales leader last year for the first time since 1931 to Toyota, said it sold 582,401 vehicles in the quarter through June, 15% lower than a year earlier. Toyota, which has been one of the worst hit automakers this year from supply chain disruptions and China's COVID-19 lockdowns, sold 531,105 vehicles, down 22%.
