Toyota’s stock rises after U.S. sales rise 15%, and EV sales were 26% of total sales

The U.S.-listed shares of Toyota Motor Corp.
TM,
+0.83%

7203,
+0.13%
rose 0.8% in morning trading Wednesday, said U.S. sales in June rose 14.9% from a year ago. The Japan-based automaker’s North America division (TMNA) reported it sold 195,448 vehicles in the U.S. in June, on a volume and daily-selling rate (DSR) versus June 2022, as Toyota-brand sales rose 1.4% to 168,680 vehicles and Lexus-brand sales jumped 18.1% to 26,768 vehicles. Sales of electrified vehicles total 51,535, or 26.4% of total monthly sales. For the first half of 2023, U.S. sales fell 0.7% to 1,038,520 vehicles, with electrified vehicle sales representing 26.0% of total year-to-date sales. Toyota’s stock has climbed 15.1% over the past three months, while the shares of rival Ford Motor Co.
F,
+0.98%
have rallied 23.9% and of General Motors Co.
GM,
+1.08%
gained 12.1%. The S&P 500
SPX,
-0.06%
has tacked on 8.9% the past three months.