Toyota Motor Corporation (7203.T) today posted its sales, production, and export results for December 2024 , and significantly the total from January to December 2024, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors. (click here for data by market and type.)With 10.8 million sold – down ~3.7% because of regulatory compliance issues in Japan and the ongoing EV price war in China – TMC easily out sold the Volkswagen group, which reported a 2.3% drop in global sales for 2024 at ~9 million. This makes TMC the undisputed global sales leader for the fifth straight year.
Lexus announced today its 2024 global sales were a record high at 851,214 units (a 103.3% increase compared to the previous year). This growth was attributed to strong demand, particularly in North America and Europe, along with the recovery of stable parts supply contributing to increased global sales. The new LBX and LM models have been well received, according to Lexus, with strong sales of the core RX and NX models. Battery EV (BEV) models, such as the “RZ” and “UX300e,” also achieved strong sales with a year-over-year growth of 119%, contributing to the electrified vehicle* ratio reaching a record-high 52% of total Lexus sales.
“We would like to express our most sincere gratitude to each and every customer around the world for their continued support of Lexus vehicles. In 2024, Lexus launched the all-new LBX and GX, offering a new value experience that has been highly praised by many customers. Additionally, the newly established Toyota Technical Center Shimoyama (TTC-S) has begun full-scale operations, enabling Lexus to launch a new development framework as a company,” said Lexus International President Takashi Watanabe. “In 2025, we are set to debut new models and showcase innovative concepts. We remain committed to reshaping the future of mobility through innovative engineering and enhancing lifestyles with customer-focused services. Our goal is to continue providing the distinctive value that defines the Lexus experience.”
* all HEV, PHEV, and BEV models.
Toyota Motor Leads Global 2024 CY Sales at 10.8M
Toyota Motor Corporation (7203.T) today posted its sales, production, and export results for December 2024 , and significantly the total from January to December 2024, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors. (click here for data by market and type.)With 10.8 million sold – down ~3.7% because of regulatory compliance issues in Japan and the ongoing EV price war in China – TMC easily out sold the Volkswagen group, which reported a 2.3% drop in global sales for 2024 at ~9 million. This makes TMC the undisputed global sales leader for the fifth straight year.
Lexus announced today its 2024 global sales were a record high at 851,214 units (a 103.3% increase compared to the previous year). This growth was attributed to strong demand, particularly in North America and Europe, along with the recovery of stable parts supply contributing to increased global sales. The new LBX and LM models have been well received, according to Lexus, with strong sales of the core RX and NX models. Battery EV (BEV) models, such as the “RZ” and “UX300e,” also achieved strong sales with a year-over-year growth of 119%, contributing to the electrified vehicle* ratio reaching a record-high 52% of total Lexus sales.
“We would like to express our most sincere gratitude to each and every customer around the world for their continued support of Lexus vehicles. In 2024, Lexus launched the all-new LBX and GX, offering a new value experience that has been highly praised by many customers. Additionally, the newly established Toyota Technical Center Shimoyama (TTC-S) has begun full-scale operations, enabling Lexus to launch a new development framework as a company,” said Lexus International President Takashi Watanabe. “In 2025, we are set to debut new models and showcase innovative concepts. We remain committed to reshaping the future of mobility through innovative engineering and enhancing lifestyles with customer-focused services. Our goal is to continue providing the distinctive value that defines the Lexus experience.”
* all HEV, PHEV, and BEV models.