Robert Besser
03 Feb 2023, 12:55 GMT+10
TOKYO, Japan: Toyota has announced that it sold 10.5 million vehicles in 2022, maintaining its position as the world's top-selling automaker for the third consecutive year.
Including its truck unit, Hino Motors, and small-car maker Daihatsu, Toyota's total sales were only down 0.1 percent in 2022, with record overseas sales of 8.6 million vehicles offsetting a 9.6 percent decline in the Japanese market, to 1.9 million.
As COVID-19 restrictions in China and Russia's invasion of Ukraine affected supply chains, earlier this month the Japanese car-maker's second ranked rival, Volkswagen, reported its lowest sales in over a decade at 8.3 million vehicles.
Despite the ongoing chip supply shortage, Toyota said it was able to increase global production in 2022 by 5 percent, due to strong demand in Asia and a rise in production capacity and optimization of assembling in both Asia and North America.
In November, Toyota revised its production forecast for the current financial year through the end of March, from 9.7 million to 9.2 million vehicles.
Get a daily dose of India Gazette news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to India Gazette.
More InformationPARIS, France: Amidst the mass deaths of dolphins and porpoises in recent years, France's highest administrative body has ordered the ...
MANILA, Philippines: An underwater robot from Japan has located a leaking fuel tanker, MT Princess Empress, which sank off the ...
NEW YORK, New York - A hike in official U.S. interest rates of 0.25 percent, and a jump in inflation ...
SEATTLE, Washington: In a memo to staff sent this week, Amazon CEO Andy Jassy said the company plans to cut ...
DETROIT, Michigan: Due to leaking brake hoses and windshield wiper arms that can break off, Ford is recalling more than ...
NEW YORK, New York - Wall Street continued its advance on Tuesday as investors continued to weigh up the health ...
New Delhi [India], March 23 (ANI): Amicus Curiae KV Vishwanathan on Thursday submitted before the Supreme Court that the Committee ...
Surat (Gujarat) [India], March 23 (ANI): A Surat court on Thursday sentenced Congress leader Rahul Gandhi to two years imprisonment ...
Moirang (Manipur) [India], March 23 (ANI): An earthquake with a magnitude of 3.8 on the Richter Scale hit 60km east-southeast ...
New Delhi [India], March 23 (ANI): Delhi Police on Thursday arrested a 54-year-old person for raping a 10-year-old minor girl ...
Bhopal (Madhya Pradesh) [India], March 23 (ANI): Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Thursday launched a youth policy ...
New Delhi [India], March 23 (ANI): The Delhi High Court on Thursday directed the Deputy Commissioner of Police (DCP-Crime) to ...