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Toyota keeps crown as world's top-selling automaker in 2023

Toyota keeps crown as world's top-selling automaker in 2023

Tuesday, January 30, 2024, 10:34 GMT+7
Toyota keeps crown as world's top-selling automaker in 2023
A file photo of a Toyota Camry being displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023. Photo: Reuters

TOKYO -- Toyota Motor sold a record 11.2 million vehicles in 2023, it said on Tuesday, taking the crown as the world's top-selling automaker for a fourth straight year.

The Japanese automaker reported a 7.2-percent jump in global group sales last year, including those of truck unit Hino Motors (7205.T) and small-car maker Daihatsu, helped by record overseas sales of 8.9 million vehicles.

Second-ranked German rival Volkswagen Group <VOWG_p.DE> earlier this month reported a 12-percent rise in deliveries last year to 9.2 million cars, marking a post-pandemic recovery as supply chain bottlenecks eased.

Sales of Toyota's parent-only vehicles, which include those of its namesake and Lexus brands, hit a record of 10.3 million vehicles in 2023.

Gasoline-electric hybrids made up about a third of those. Battery electric vehicles accounted for less than 1 percent.

A file photo of the logo of Toyota Motor Corp. seen on a steering wheel inside a Vios model at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. Photo: Reuters

A file photo of the logo of Toyota Motor Corp. seen on a steering wheel inside a Vios model at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. Photo: Reuters

Reuters

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