The popularity of vehicle purchases during the summer helped a number of automakers in the United States, and Toyota was one of the most significant beneficiaries.
Overall vehicle sales for Toyota, Lexus and Scion reached 201,714 units in June, nearly 12 percent higher than the same month in 2013 when considering daily selling rates, according to a report from Toyota USA. When the figures were unadjusted, overall sales jumped 3.3 percent during that period.
Sales for the first six months of the year totaled 1.16 million units, 5.8 percent higher than the same period last year when adjusted for the daily selling rate, the report noted. The unadjusted figure rose 5.1 percent.
"Sales in the first half of 2014 indicate a steadily recovering industry, and we expect this pace to increase as we move into the second part of the year," said Bill Fay, Toyota division group vice president and general manager. "In June, Camry and Corolla posted double-digit gains as passenger cars showed renewed strength industry-wide."
The total level of Toyota division sales reached 178,196 units, 11 percent higher than June 2013 when using the daily selling rate, the report noted. This was also 2.5 percent higher than the same point last year when not considering the rate.
Car prices improve during June
The continued interest in vehicle purchases is also increasing the overall level of prices for these units, and many automakers are benefiting.
The average price for a vehicle sold in June was $32,342, 1.4 percent – or $454 – higher than during the same month in 2013, according to a report from from Kelley Blue Book. This was also $113 – or 0.4 percent – higher than May's level.
"Most major automakers showed positive growth for June 2014, as the market continues to shift toward utility vehicles this year," said Alec Gutierrez, senior analyst for Kelley Blue Book. "SUV and crossover share increased more than two percentage points in 2014 to comprise one-third of the market."
Toyota Motor Company had a transaction price average of $29,828 percent in June, 1.3 percent higher than in June of last year, when it was $29,439. However, the figure was still 1 percent lower than May 2014, as that month had an average of $30,139.
Volkswagen and General Motors had the two highest vehicle price averages during the month, the report added.