TOYOTA: Production woes put it back behind GM

Toyota Motor North America's U.S. sales dropped 18 percent to 170,155 in June, and were off 23 percent for the quarter at 531,105 as the Japanese automaker continued to struggle with production issues amid steady consumer demand.

The results left Toyota Motor trailing General Motors in U.S. sales by 47,402 in the second quarter, and down 41,918 through the first half of the year, in efforts to defend the U.S. sales crown that Toyota won from GM in 2021, the first time in 90 years.

Brands: Toyota, (June) down 18%, (Q2) off 23%; Lexus (June) down 15%, (Q2) off 20%

Notable nameplates (June): Toyota RAV4, down 7.8%; Tacoma, down 14%; Highlander, down 34%; Camry, down 27%; Lexus ES, off 15%; RX, down 7.6%; NX, down 35%.

Incentives: $803 per vehicle, down 64% from a year earlier, TrueCar says.

Average transaction price: $39,775, up 8.6% from a year earlier, according to TrueCar.

Fleet mix: 10%.

Inventory: Toyota dealership stock, not including delivery pipeline, 1.5 days supply; Lexus 5.9 days supply.

Quote: "We're not seeing any softening yet in consumer demand. Clearly, there's more discussion right now about [mpg]. But there's so much good demand that if we saw a softening, it wouldn't be noticed yet," said Jack Hollis, the new executive vice president of sales for Toyota Motor North America.

Did you know? Year to date, Toyota Motor North America's U.S. sales are off by 246,181 vehicles, about 90 percent of which are Toyota-branded vehicles.