Toyota broke a record in automobile production
- December 27, 2023
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The Japanese company Toyota Motor announced a record increase in its production – from January to November, more than 9.23 million cars rolled off the conveyors of its
The Japanese company Toyota Motor announced a record increase in its production – from January to November, more than 9.23 million cars rolled off the conveyors of its factories.
This was reported by Kyodo, as reported by Ukrinform.
The company expects to increase production in December, last month, and reach a record 10 million Toyota and Lexus units by the end of the year. The previous annual production record of 9.05 million units was reached in 2019.
The automaker attributes its optimistic expectations to the high demand and revival in auto sales in North America, Europe and China throughout the year.
The company also recorded record production value based on one-month results. In November, automobile production in all Toyota factories around the world increased by 11.2% compared to the previous year and reached 926.6 thousand cars for the first time, reaching the highest figure in a single month in the company’s history.
The automaker also reported the monthly maximum number of cars sold in a month; In November, Toyota’s global sales increased by 13.6% to more than 905 thousand cars; this is a record for that month.
At the same time, sales outside Japan increased by 11.5% to over 765,000 units, thanks to the popularity of hybrid cars amid a slowing demand for electric cars; This broke a record in a single month. Sales in the domestic market increased by more than 27%, reaching almost 140 thousand vehicles.
In November, the automaker sold nearly 344,000 electric vehicles worldwide, including hybrid, all-electric and fuel cell vehicles. This figure is 53.4% ​​more than a year ago.
As reported by Ukrinform, the South Korean company Hyundai has presented an updated version of the third generation G80 sedan for the local market.
Source: Ukrinform
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