TOKYO — Toyota offered 10.5 million autos in 2022, it stated, defending its title because the world’s top-selling automaker for a 3rd straight 12 months.
International gross sales for the group, together with truck unit Hino Motors and small-car maker Daihatsu, inched down 0.1 p.c as report abroad gross sales of 8.6 million autos helped offset a 9.6 p.c dip in its house market to 1.9 million, Toyota stated in an announcement.
Second-ranked rival Volkswagen Group earlier this month reported its lowest gross sales in over a decade, of 8.3 million autos, as COVID-19 lockdowns in China and the warfare in Ukraine upended provide chains.
Whereas some chip-related provide constraints remained for Toyota as nicely, the automaker stated robust demand in Asia and a rise within the manufacturing capability and optimization in Asia and North America helped it increase international manufacturing by 5 p.c in 2022.
Toyota in November revised its manufacturing forecast for the present monetary 12 months by means of the tip of March, to 9.2 million autos from 9.7 million.