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Toyota reports record global sales and production

Toyota's sales increased by less than 1% in China as more consumers opted for EVs.

Due to the strong demand and improving supply conditions, Toyota’s global sales increased by 8.3% from April to September compared to the same period last year, reaching a record 5.6 million vehicles. This puts the largest automaker in the world on track for further robust gains in the coming year.

The automaker said in a statement that its global production, which includes subsidiaries from Japanese manufacturers Daihatsu and Hino, increased by 10% to a record 5.7 million units in the first half of the fiscal year.

Global sales:

  • Car sales under the Toyota and Lexus brands increased by 22% in Africa, the most of any region.
  • The Middle East saw a similar increase, at 17%.
  • North America saw a 9.4% increase.
  • Europe saw a 7% increase.
  • Toyota’s sales increased by less than 1% in China as more consumers opted for EVs.
  • Sales for the carmaker increased by 34% in Japan as semiconductor supply constraints subsided.

However, outside of Japan, sales were rather weak in several regions of Asia, partly because of slowing economies in Thailand and Indonesia.

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Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

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