The Limited Times

Now you can see non-English news...

Toyota will lead the world in cars in 2022 for the third year in a row

2023-01-30T05:58:50.812Z


The German group Volkswagen remained world number two last year with 8.3 million vehicles sold, against nearly 10.5 million for its Japanese competitor.


The Japanese group Toyota remained the world's number one automobile in volume sales in 2022 for the third consecutive year, with nearly 10.5 million vehicles sold (-0.1%), according to data published Monday.

Despite the impact of production constraints caused by the spread of Covid-19, increased demand for semiconductors and other factors, global sales remained at the same level as the previous year due to "strong demand centered on Asia

" outside Japan, Toyota said in a statement.

To discover

  • Pension reform: calculate the age at which you will finally leave

These clouds should also start to dissipate this year: Toyota recently said it was aiming for production of between 9.5 and 10.6 million units of its Toyota and Lexus brands in 2023, compared to 9 million last year (+ 5.2% over one year).

The Toyota empire also includes two other brands, Daihatsu (mini-cars) and Hino (buses and trucks).

The German Volkswagen group remained number two in the world in 2022 with 8.3 million vehicles sold (-7%), according to figures published in mid-January.

Still progress to be made in all-electric

Toyota's sales in all-electric, a segment in which it was slow to launch seriously, preferring other technologies such as hybrid engines, however, still pale in comparison.

Its sales in this segment totaled only 24,466 units in 2022, very far from those of the American Tesla (1.3 million), the Chinese BYD (911,000) or the Volkswagen group (572,100).

The commercial start last year of Toyota's first full-scale all-electric model, the bZ4X SUV, was notably marred by a humiliating recall campaign soon after its launch because of a problem with its wheel mountings.

Read alsoElectric challenge for the future boss of Toyota

Despite lagging behind in electrics, Toyota is expected to remain at the top of the global automotive hierarchy by volume in the coming years, according to Mio Kato, an analyst at LightStream Research in Tokyo posting on the Smartkarma platform.

I think they

(Toyota, editor's note)

will probably remain number one, because the companies that are catching up quickly are more Chinese companies than the incumbent Western manufacturers, and the all-electric players are still too small to have a chance. realistic to catch up on a 3 to 5 year perspective

Mio Kato told AFP.

Toyota CEO Akio Toyoda made a surprise announcement last week that he will step down on April 1.

He will be replaced by one of his lieutenants, Koji Sato, while taking over the chairmanship of the board of directors.

Source: lefigaro

All business articles on 2023-01-30

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.