Toyota Motor Corporation TM reported a slight year-over-year increase in its third-quarter U.S. sales. Its North American unit, Toyota Motor North America (“TMNA”), sold 633,223 vehicles, up 0.6% from the year-ago period on both a volume and DSR basis. Electrified vehicle sales increased 28.5% year over year to 363,367 units on both measures, representing 57.4% of total quarterly sales.
The unit reported strong U.S. sales growth in September 2026, selling 201,306 vehicles during the month. Sales increased 8.4% year over year on a volume basis and 4% on a daily selling rate (DSR) basis. Electrified vehicle sales reached 117,215 units, rising 37.8% year over year on a volume basis and 32.2% on a DSR basis. Electrified models accounted for 58.2% of total sales. Toyota and Lexus together currently offer 32 electrified models at U.S. dealerships.
The Toyota division recorded September sales of 171,469 vehicles, up 7.9% on a volume basis and 3.6% on a DSR basis year over year. For the third quarter, sales totaled 540,167 vehicles, up 0.5% year over year on both volume and DSR basis.
Meanwhile, the Lexus division sold 29,837 vehicles in September, marking an 11.4% increase year over year on a volume basis and a 6.9% rise on a DSR basis. For the third quarter, Lexus sales reached 93,056 vehicles, up 1.6% year over year on both a volume and DSR basis.
TM’s Zacks Rank & Key Picks
Toyota currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the auto space are Mobileye Global Inc. MBLY and Garrett Motion Inc. GTX. While MBLY sports a Zacks Rank #1 (Strong Buy), GTX has a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for MBLY’s 2026 sales and earnings implies year-over-year growth of 5.6% and 36.1%, respectively. The EPS estimate for 2026 and 2027 has improved 3 cents each over the past 60 days.
The Zacks Consensus Estimate for GTX’s 2026 sales and earnings implies year-over-year growth of 7.2% and 25.7%, respectively. The EPS estimate for 2026 and 2027 has improved 5 cents and 4 cents, respectively, over the past 60 days.
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