April–September sales surged 8.3% year-on-year, thanks to strong demand and improved supply chains.
Toyota Motor Corp’s global sales climbed 8.3% in April to September from a year earlier to a record 5,596,183 vehicles, putting the world’s biggest carmaker on track for another year of strong gains thanks to robust demand and improving supply conditions.
Global production in the fiscal first half rose 10% to a record 5,738,126 units, including subsidiaries Daihatsu Motor Co and Hino Motors Ltd, the Japanese carmaker said Monday.
Sales of Toyota and Lexus brand cars rose 22% in Africa, the highest among all regions, followed by 17% in the Middle East, as well as 9.4% in North America and 7% in Europe.
Sales, however, were relatively weak in some parts of Asia, excluding Japan, due partly to economic slowdowns in places such as Thailand and Indonesia.
Toyota’s sales in China rose less than 1%, as car buyers switch to electric vehicles. Its lackluster performance in the country follows strong sales last year, helped by the government’s stimulus measures.
The carmaker’s sales jumped 34% in Japan supply issues with semiconductors eased. Toyota sold 1,825,965 EVs in the six-month period, up 38% from a year earlier.
During last week’s Japan Mobility Show, Lexus President Takashi Watanabe touched upon the country’s insufficient charging network. “They’re still limited in number, but we’re also investigating and moving right now with a programme for Lexus-specific charging stations,” he said.
For September alone, Toyota’s sales were up 10.5% from a year earlier, while output was almost unchanged.
Honda Motor Co said Monday its global output in the fiscal first half increased by more than 6%, with sales rising 7.5% despite a fall in Europe and China.
Nissan Motor Co’s global output and sales rose 2.8% and 5.5%, respectively, but it also saw weakness in China.
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