Toyota sold 9.52 mln vehicles worldwide in 2020, returning to sales top

IIA was informed that the Toyota Group's global sales in 2020 exceeded 9.52 million, surpassing the German Volkswagen Group, and once again topped the global sales list five years later. According to data, the Toyota Group’s total annual sales, including its subsidiaries Daihatsu Industry and Hino Motors, were 9,528,438 vehicles, and the German Volkswagen Group’s total sales were 9,305,400 vehicles.

Due to the impact of COVID-19, the sales of major global automakers will decline in 2020. Toyota Group's global sales volume fell 11.3% year-on-year, and German Volkswagen Group fell 15.2% year-on-year.

Toyota Motor Corporation sold approximately 8.69 million vehicles, and Daihatsu and Hino Motors sold approximately 690,000 and 140,000 vehicles, respectively. Globally, Toyota Motor Corporation's sales fell 10.5% year-on-year, but sales in the Chinese market increased 10.9% year-on-year. In addition, in 2020, Toyota Motor Corporation's global sales of electric vehicles accounted for approximately 23%, higher than 20% in 2019.