Toyota has emerged with its 2023 financial year results which sees the Japanese giant attain record numbers in production and sales, according to Japan Times citing Bloomberg reports.
Global sales at Toyota, including from Daihatsu and Hino, increased 5% from the previous year to 11.1 million units, according to Japan Times citing data released on Thursday, noting that this is the first time the group’s global sales exceeded to 10 million-unit mark.
Toyota’s performance in the 2023 financial year was attributed to strong demand, as well as easing of semiconductor supply issues. Production increased 4.5% to 11.2 million units, due to strong demand in North America, Europe and India, while output in Japan was also ‘firm’ despite a temporary halt of shipments due to the Daihatsu crash testing scandal.
Sales in China gained 1.4%, though Japanese carmakers are struggling against the growing popularity of Chinese brand BYD. In terms of battery-electric vehicles, Toyota sold 116,654 BEVs between April 2023 and March 2024, and sales at Toyota and Lexus brands were up 7.3% and 9.2% respectively.
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Toyota number one, Geely number last
But how many are really safe and how many fake their safety rating test with sure pass results? That is what millions of customers want to know.
Geely living rent free in your head? Might as bcos plenty of empty space inside that head of yours anyway
Congrats paduu Toyota!
To believing Bloomberg is to believing second casino in jungle siti
Congrats toyota CROSS hallelujah our blessing car
No wonder toyota models less discount compared other brands
Fake numbers by toyota la. Can see many pro Zionist here so happy to see Toyota’s fake sales number up.
grateful to Jai Hind empire helped toyota achieved sales target
NOKIA number 1 in 2012, 2013 sold to Microsoft
Until we can get EV the price of MyVi… Toyota is going to remain king.
BYD Seagull EV Honor Edition starting price at RM46k, nightmarish for P2 stakeholders.
China cars have those cheaper options but G wants to protect Perodua. We have to accept those over priced low quality Perodua cars
If Toyota can continue to have a strong partnership with byd. Win liao.
No more in Malaysia. May be those really good models are never be here. Malaysian gives chance to Honda but the quality……..Now, we give chance to China cars. If they can maintain a good realibility, they can replace Jap cars. I hope it can so that we can have more choices, better quality at lower price.
Although there sales is good, Toyota seriously need to keep their debt down…. is already reaching more than their total equity, may not be good in long term, just look at Nissan…..no cash for R&D already.
EV what?? ICE forever babeh
EV is just a fashion. it will go out of fashion real soon.
Hydrogen Fuel Cell is the future. Toyota is the future.