Toyota Motor Corp. continues to rebound and U.S. sales rose for the 12th consecutive month in July at Hyundai and Kia, helped by rising inventories, higher retail and fleet business, and more generous discounts.
Toyota’s July sales rose 8.1 percent to 191,684, with volume up 8.8 percent at the Toyota division and 3.3 percent at Lexus.
While the automaker continues to be hampered by some of the industry’s lowest supplies of new cars and light trucks, July marked Toyota Motor’s…
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