TOKYO (Reuters) – Toyota Motor marketed 10.8 million vehicles in 2024, it claimed on Thursday, staying the globe’s top-selling automobile producer for a fifth straight 12 months.
The Japanese automobile producer uploaded a 3.7% lower in worldwide workforce machine gross sales in 2014, consisting of these of transportable automobiles and truck producer Daihatsu and car machine Hino Motors.
The lower was primarily on account of a excessive downturn in gross sales in Japan the place the automobile producer encountered outcomes from administration issues over qualification examination therapies, particularly at Daihatsu.
Second- rated German opponent Volkswagen Group beforehand this month reported a 2.3% lower in machine gross sales in 2014 to easily over 9 million vehicles, because it seems for to cut back costs in your house and battle a charge battle in important market China.
Sales of Toyota’s parent-only vehicles, that embrace these of its identify and Lexus model names, dropped 1.4% from a 12 months beforehand in 2024 to 10.2 million vehicles on account of a double-digit lower in Japan.
While Toyota marketed a doc number of autos usually, many thanks partially on account of require for its hybrid vehicles within the United States, it noticed machine gross sales in China lower by 6.9% amidst hefty charge rivals on the planet’s main automobiles and truck market.
Of its parent-only gross sales, gasoline-electric crossbreeds comprised a doc 40.8%. Battery electrical vehicles represented 1.4%.
(Reporting by Daniel Leussink; Editing by Lincoln Feast.)
