top of page

Toyota Still Stop-Selling Car Firm Worldwide

  • Writer: By The Financial District
    By The Financial District
  • Jul 31, 2023
  • 1 min read

Toyota Motor Corp. group is set to be the world's top auto seller in the first half of 2023, outpacing Germany's Volkswagen AG and other rivals in the first half for the fourth straight year, industry data showed, Kyodo News reported.

Photo Insert: Toyota said it sold 5.42 million vehicles globally in the six months ended June, including those sold by the group's mini-vehicle maker Daihatsu Motor Co. and truck manufacturer Hino Motors Ltd.



Toyota said it sold 5.42 million vehicles globally in the six months ended June, including those sold by the group's mini-vehicle maker Daihatsu Motor Co. and truck manufacturer Hino Motors Ltd., up 5.5% from a year earlier.


The Japanese carmaker said the solid sales came as it ramped up production capacity across the globe to keep up with rising demand amid an easing chip shortage.



Volkswagen sold 4.37 million vehicles in the same period, up 12.8%. The Toyota group's global output increased by 10.3% to a record 5.63 million units. Its production outside Japan also hit an all-time high of 3.53 million vehicles, up 4.9%.


Domestic sales at the group rose 26.9% to 1.21 million vehicles in the period, thanks to the ongoing recovery from the aftermath of the coronavirus pandemic and a parts shortage, Mainichi Shimbun also reported.





Optimize asset flow management and real-time inventory visibility with RFID tracking devices and custom cloud solutions.
Sweetmat disinfection mat

TFD (Facebook Profile) (1).png
TFD (Facebook Profile) (3).png

Register for News Alerts

  • LinkedIn
  • Instagram
  • X
  • YouTube

Thank you for Subscribing

The Financial District®  2023

bottom of page