Toyota remains world's top automaker in 2024 despite sales dip
Toyota holds onto its leading position for a fifth year despite a 3.7% drop in global sales, led by a decline in Japan and pressures in China
In 2024, Toyota Motor retained its position as the world's top-selling automaker for the fifth consecutive year, despite a 3.7% decrease in global group unit sales, totaling 10.8 million vehicles. This decline encompassed sales from its subsidiaries, the compact car manufacturer Daihatsu and truck manufacturer Hino Motors. A significant factor contributing to the downturn was a sharp decrease in sales within Japan, attributed to governance issues related to certification test procedures, particularly affecting Daihatsu.
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