Toyota sells 10.8mn vehicles, leads global sales in 2024

By MG News | January 30, 2025 at 11:17 AM GMT+05:00
January 30, 2025 (MLN): Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for a fifth straight year.
The Japanese automaker posted a 3.7% drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors.
The decline was largely due to a steep slump in sales in Japan where the automaker faced fallout from governance issues over certification test procedures, especially at Daihatsu.
Second-ranked German rival Volkswagen Group earlier this month reported a 2.3% decline, in unit sales last year to just over 9mn vehicles, as it seeks to cut costs at home and fight a price war in key market China.
Sales of Toyota's parent-only vehicles, which include those of its namesake and Lexus brands, fell 1.4% from a year earlier in 2024 to 10.2mn vehicles due to a double-digit decline in Japan.
Toyota sold a record number of cars overall, driven partly by strong demand for its hybrid vehicles in the United States.
However, it saw a 6.9% decline in unit sales in China due to intense price competition in the world's largest car market, as Reuters reported.
Of its parent-only sales, gasoline-electric hybrids made up a record 40.8%.
Battery electric vehicles accounted for 1.4%.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 133,539.06 142.53M |
1.21% 1589.99 |
ALLSHR | 82,955.15 371.73M |
1.08% 885.89 |
KSE30 | 40,805.02 38.84M |
1.03% 417.25 |
KMI30 | 191,900.98 41.72M |
0.27% 524.16 |
KMIALLSHR | 55,548.73 185.39M |
0.64% 354.76 |
BKTi | 36,827.00 22.93M |
2.79% 998.75 |
OGTi | 28,392.38 1.79M |
-0.19% -53.96 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,500.00 | 110,525.00 107,865.00 |
-915.00 -0.83% |
BRENT CRUDE | 68.08 | 68.10 67.22 |
-0.22 -0.32% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
0.75 0.78% |
ROTTERDAM COAL MONTHLY | 106.00 | 106.00 105.85 |
-2.20 -2.03% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.35 | 67.18 65.40 |
-0.65 -0.97% |
SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|