Toyota September Sales Slide

Stock quotes in this article: TM , F , DAI  

TORRANCE, Calif. (TheStreet) -- Like many other car companies, Toyota's(TM Quote) U.S. arm posted record sales during August's cash-for clunkers rebate extravaganza, but those U.S. sales took a dip in September.

On Thursday, Toyota announced that it sold 126,015 vehicles during the month, which is down nearly 13% in volume since last September.

Toyota brand sales dropped off nearly 16%, led chiefly by slumping truck sales. SUV's and pickups were down 21% and 18%, respectively. Prius sales, though, ticked slightly higher, selling 10,984 of the hybrids compared to 10,873 last year.

Luxury Lexus brand vehicles also sold better compared to last year, up nearly 12%.

American depositary receipts for Toyota changed hands down $1.73, or 2.2%, at $76.84 at the closing bell. Elsewhere, shares of Ford(F Quote) lost 24 cents to finish at $6.97, while Daimler(DAI Quote) lost $1.93 to close at $48.38.

-- Written by Sung Moss in New York

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