Toyota achieves record output and sales in 2023; For the first time, the group’s sales exceeded 10 million units
Toyota has emerged with its fiscal 2023 results, which saw the Japanese giant achieve record numbers in production and sales, according to Japan Times citing Bloomberg report.
Toyota’s global sales, including those of Daihatsu and Hino, rose 5% year-on-year to 11.1 million units, according to the Japan Times, citing data released on Thursday. tick.
Toyota’s performance in fiscal 2023 was driven by strong demand as well as easing semiconductor supply issues. Output increased 4.5% to 11.2 million units, driven by strong demand in North America, Europe and India, while output in Japan was also ‘solid’ if temporarily Temporarily stop shipping because Daihatsu crash test scandal.
Sales in China rose 1.4%, although Japanese automakers are struggling with the growing popularity of the Chinese BYD brand. In terms of battery vehicles, Toyota sold 116,654 BEVs between April 2023 and March 2024, and sales of the Toyota and Lexus brands increased by 7.3% and 9.2%, respectively. %.
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