TOKYO (Reuters) – Toyota Motor marketed 10.8 million cars 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 crew machine gross sales in 2014, consisting of these of moveable automobiles and truck producer Daihatsu and car machine Hino Motors.
The lower was primarily because of a excessive downturn in gross sales in Japan the place the automobile producer encountered outcomes from administration issues over qualification examination remedies, 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 cars, because it appears for to cut back costs in your house and battle a price battle in very important market China.
Sales of Toyota’s parent-only cars, that embody these of its title and Lexus model names, dropped 1.4% from a 12 months beforehand in 2024 to 10.2 million cars because of a double-digit lower in Japan.
While Toyota marketed a doc number of autos usually, many thanks partially because of require for its hybrid cars within the United States, it noticed machine gross sales in China lower by 6.9% amidst hefty price 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 cars represented 1.4%.
(Reporting by Daniel Leussink; Editing by Lincoln Feast.)
