Toyota’s global sales, output reach record 5.6 million vehicles
TOYOTA Motor’s global sales climbed 8.3 per cent in April to September from a year earlier to a record 5,596,183 vehicles, putting the world’s biggest carmaker on track for another year of strong gains thanks to robust demand and an improvement in supply conditions.
Global production in the fiscal first half rose 10 per cent to a record 5,738,126 units, including subsidiaries Daihatsu Motor and Hino Motors, the Japanese carmaker said on Monday (Oct 30).
Sales of Toyota and Lexus brand cars rose 22 per cent in Africa, the highest among all regions, followed by 17 per cent in the Middle East, as well as 9.4 per cent in North America and 7 per cent in Europe. Sales, however, were relatively weak in some parts of Asia, excluding Japan, due partly to economic slowdowns in places such as Thailand and Indonesia.
Toyota’s sales in China rose less than 1 per cent, as car buyers switch to electric vehicles. Its lacklustre performance in the country follows strong sales last year, helped by the government’s stimulus measures.
The carmaker’s sales jumped 34 per cent in Japan on easing semiconductor supply related issues. Toyota sold 1,825,965 electrified vehicles in the six-month period, up 38 per cent from a year earlier.
During last week’s Japan Mobility Show Lexus president Takashi Watanabe touched upon the insufficient charging network in the country and said, “They’re still limited in number, but we’re also investigating and moving right now with a programme for Lexus-specific charging stations.”
For September alone, Toyota’s sales were up 10.5 per cent from a year earlier, while output was almost unchanged. BLOOMBERG
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