Gashi Automobile News According to Reuters, Toyota’s global production fell year-on-year in May, and has declined for four consecutive months.
This is mainly due to the decline in production in many overseas markets, especially in China, which has dropped significantly due to the increasing competitiveness of local Chinese brands.
, According to Toyota Motor, in the Japanese domestic market that month, even affected by the shutdown of Toyota’s Prius, Toyota Motor’s production in May rose 2.
8% year-on-year to 255,314 units.
In addition, Toyota’s production in the United States also increased, up 6.
5% year-on-year.
2024 Prius.
Photo source: Toyota Motor, but as Toyota’s production in other overseas markets fell 7.
0% year-on-year to 556,877 units, the company’s global production in May fell 4.
1% year-on-year to 812,191 units.
Among them, in the huge and crowded Chinese auto market, in addition to strong competition from local Chinese brands, global automakers are also caught in a fierce price war.
As a result, Toyota’s production in China dropped by 21.
7% year-on-year.
Toyota’s production in markets such as the UK, Mexico, Brazil, France and Thailand also declined, with production falling the most in the UK, down 15.
8% year-on-year.
In terms of sales, Toyota Motor reported that Toyota Motor sold a total of 840,681 vehicles worldwide in May, a slight increase of 0.
3% year-on-year.
Among them, Toyota’s sales in overseas markets increased by 2.
4% year-on-year to 738,610 units, a record high.
But in Japan’s domestic market, Toyota sales fell 12.
7% year-on-year due to the suspension of production and delivery of the Toyota Prius.
It is worth mentioning that Toyota’s global sales of electrified models in May (including pure electric vehicles, fuel cell vehicles, plug-in hybrid vehicles, light hybrid vehicles and hybrid vehicles) increased by 26.
3% year-on-year to 360,872 units, of which Sales of electrified models in overseas markets increased by 36.
9% year-on-year, and sales in China increased by 34.7%. However, in Japan’s domestic market, sales decreased by 8.
7% year-on-year.
, Toyota’s sales and production include luxury brand Lexus.
, Return to the first electric network home page>,.
