Scoopfeeds — Intelligent news, curated.
business

Toyota is gaining on General Motors in U.S. sales, according to new forecast

CNBC · Jun 24, 2026, 3:59 PM

Key takeaways

  • Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
  • DETROIT – Toyota Motor is notably gaining on America's largest automaker, General Motors, in U.S. sales as hybrids get more popular and all-electric vehicles sputter.
  • The Japanese automaker is expected to report a nearly 1% increase in U.S.

Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu

DETROIT – Toyota Motor is notably gaining on America's largest automaker, General Motors, in U.S. sales as hybrids get more popular and all-electric vehicles sputter.

The Japanese automaker is expected to report a nearly 1% increase in U.S. sales through the first half of this year to 1.25 million vehicles, while GM is projected to be down 7.2% to 1.33 million, according to a new forecast released Wednesday by Cox Automotive.

Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop