Toyota’s 2020 Global Sales down -10.5% Year-on-Year

Toyota’s 2020 Global Sales down 10.5% for calendar year 2020 when compared to 2019. The sales results were substantially influenced by the Covid 19 pandemic that was in force for virtually all of 2020, and is ongoing. Japanese domestic production was flat at ~3 million vehicles. The results include those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. (See AutoInformed.com on Toyota Motor North America Reports December 2020 Sales Increase 22.9%. Yearly Sales Drop -11.3%)

For consolidated Toyota numbers, this was the first decrease in nine years for global sales.  For sales inside of Japan, including mini vehicles or K cars, it was the first decrease in two years. Sales outside of Japan showed the first decrease in four years.

Global Sales – Toyota Motor Calendar Year 2020

Ken Zino of AutoInformed.com on Toyota Motor CY 2020 Sales Results

  • Global sales in 2020 were down 10.5% year-on-year, but sales were up 10.9% year-on-year in China.
  • In December, global sales were up 10.3% year-on-year, the fourth consecutive monthly increase. The increases have been driven primarily by sales in North America, China, Europe, and Japan.
  • During the October to December quarter, global sales were up 6.8% year-on-year, exceeding initial expectations.*

*Initial expectations were that sales would be approximately flat in the October to December quarter and up approximately 5% in the January to March quarter, returning to the previous year’s levels during the period from the end of the year to the beginning of next year.

Toyota Highlights:

Global Production:

  • Global production in 2020 was down 12.6% year-on-year, but production in China was up 9.5% year-on-year period.
  • In December, global production was up 14.4% year-on-year, the fourth consecutive monthly increase. The increases have been driven primarily by production in North America, Japan, China, and Europe.

About Ken Zino

Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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