Toyota sells 10.8 million automobiles in 2024 to | Australian Markets
Toyota Motor offered 10.8 million automobiles in 2024, it stated on Thursday, remaining the world’s top-selling automaker for a fifth straight 12 months.
The Japanese automaker posted a 3.7 per cent drop in world group unit gross sales final 12 months, together with these of compact car maker Daihatsu and truck unit Hino Motors.
The decline was largely as a consequence of a steep droop in gross sales in Japan the place the automaker confronted fallout from governance points over certification check procedures, particularly at Daihatsu.
Second-ranked German rival Volkswagen Group earlier this month reported a 2.3 per cent decline in unit gross sales final 12 months to only over 9 million automobiles, because it seeks to cut prices at home and battle a price battle in key market China.
Gross sales of Toyota’s parent-only automobiles, which embrace these of its namesake and Lexus manufacturers, fell 1.4% from a 12 months earlier in 2024 to 10.2 million automobiles as a consequence of a double-digit decline in Japan.
Whereas Toyota offered a report quantity of automobiles total, thanks partly as a consequence of demand for its hybrid automobiles in the USA, it noticed unit gross sales in China decline by 6.9% amid heavy price competitors within the world’s high car market.
Of its parent-only gross sales, gasoline-electric hybrids made up a report 40.8%. Battery electric automobiles accounted for 1.4 per cent.
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