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# Toyota is closing in on GM as America’s top-selling automaker as hybrids surge and EVs falter

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Cox Automotive forecasts Toyota will narrow its US sales gap with GM to just 83,255 vehicles through the first half of 2026, the closest the two automakers have been since Toyota briefly topped GM in 2021. The divergence stems from powertrain strategy: Toyota's long-standing hybrid lineup is thriving as hybrid sales rise ~10%, while GM's heavy EV bet is backfiring as EV sales fall over 23% following the expiration of the $7,500 federal tax credit and new 25% import tariffs. Analysts note GM lacks a hybrid bridge to weather the EV slowdown, while Toyota never abandoned hybrids. The broader US auto market is down ~3% through June, with Tesla, Ford, and GM facing the steepest declines.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/toyota-gains-on-gm-us-sales-hybrids-ev-decline>

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