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Toyota Stays Largest Automotive Firm After 2023 Document Gross sales

We have been ready for Toyota to launch gross sales information for 2023 ever because the Volkswagen Group introduced it bought 9.24 million cars. The numbers are in, and as anticipated, the Japanese juggernaut has managed to comfortably beat its German rival. With a record-breaking 11,233,039 automobiles shipped final yr, a rise of seven.2 % year-over-year, Toyota is the best-selling automaker for the fourth yr in a row.

A better have a look at the numbers exhibits the Toyota and Lexus manufacturers delivered 10,307,395 automobiles in 2023, or 7.7 % greater than the yr earlier than and a brand new document. The Daihatsu subsidiary additionally posted strong outcomes as shipments grew by 3.2 % to 790,441 items. The final 12 months have not been variety to the Hino division accountable for industrial automobiles as gross sales declined by 9.8 % to 135,203 items.

Gross sales exterior of Japan reached an all-time excessive final yr when Toyota and its subsidiaries shipped 8,928,230 automobiles, a rise of 4.1 % in comparison with the earlier yr. The principle Toyota and Lexus manufacturers accounted for the majority of the gross sales, with 8,634,425 automobiles, up by 4.3 % over 2022 to set yet one more document. America was the largest single market with 2,617,033 automobiles, or 7 % greater than the yr earlier than.

Toyota’s luxurious division Lexus achieved document gross sales in 2023 after delivery 824,258 automobiles – a whopping 132-percent leap in comparison with 2022. North America was by far the largest area with 355,606 items (+124 %), adopted by Asia with 236,587 items (+113 %) and home market Japan with 94,647 items (+229 %).

How did different giant automakers fare in 2023? The Hyundai/Kia/Genesis trio posted complete gross sales of seven.32 million automobiles (+6.7 % improve) to assert the final spot on the rostrum. Normal Motors has but to publish international gross sales figures for the earlier yr, however we’ll remind you that it shipped 5.93 million automobiles in 2022. Stellantis will publish information for the yr that simply ended on February 15, and within the meantime, it is price mentioning deliveries stood at 5.84 million automobiles in 2022.

One other Japanese automaker printed international gross sales outcomes at present for the entire 2023. Nissan moved 3,225,632 automobiles within the earlier 12 months, representing a rise of 4.6 %.

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