Toyota May sales rise 7 percent but lag behind market increase of 19 percent
Toyota Motor Corp. said Wednesday that its May sales rose 7 percent, lagging behind the overall U.S. market increase of 19 percent.
Toyota's sales have been hurt by a series of safety recalls that began late last year. The relatively small May sales increase is a sign that increased incentives for people to buy Toyotas are starting to lose their luster.
BY THE NUMBERS: Toyota sold 162,813 vehicles during May.
TOP SELLER: The midsize Camry and Solara. Toyota sold 29,295 in May.
HOT MODEL: The Toyota 4Runner SUV posted sales of 4,240 in May, up 245 percent in a year.
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