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Sales

Toyota, Nissan report higher sales, defying expectations

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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July 1, 2014, 1:26 PM ET
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Two of Japan’s biggest automakers, Toyota (TM) and Nissan (NSANY), reported higher year-over-year U.S. sales Tuesday.

The results defied the expectations of some automotive experts who thought their numbers would be down.

Toyota sold 201,714 units in June, a daily selling rate increase of 11.9% from the same period a year ago. Camrys and Corollas each posted double-digit sales gains.

Nissan, meanwhile, sold 109,643 units in the U.S., an increase of 5.3% from June 2013. That growth was largely due to a big boost in Nissan Group sales; Infiniti’s sales fell slightly.

These increases came despite the fact that there were 24 sales days in June 2014, compared with 26 in June 2013.

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