For the third consecutive year, Toyota Motor Corporation – which in addition to Toyota includes the brands Lexus, Daihatsu and Hino (trucks and buses) – was once again the group that sold the most vehicles worldwide in 2022. The Japanese giant delivered no less than 10.5 million units worldwide, which allowed it to maintain a comfortable “safety” distance in relation to the runner-up, the Volkswagen Group.
While the German conglomerate, which became the world leader between 2016 and 2019, last year registered its worst result in more than a decade, according to Reuters, Having sold just 8.3 million vehicles, Toyota has proven more capable of withstanding supply chain constraints, the energy crisis and restrictions stemming from Covid-19. So much so that, Compared to 2021, the Japanese group lowered its commercial performance by only 0.1%, result explained by the good performance away from home. In its domestic market, Toyota’s sales fell to 1.9 million units, representing a drop of 9.6%, which was offset by the transaction of 8.6 million vehicles abroad. Specifically, the Toyota Group sold a total of 10,483,024 units last year, ensuring a difference of more than 2 million vehicles that separates the Japanese giant from its German rival.
Toyota is no stranger to the constraints caused by the Russian invasion of the Ukraine, but it benefited from increased demand in Asia, accompanied by increased production on that continent and in North America, allowing it to increase production globally by 5.3%reaching 10,610,604 units. Volkswagen, on the other hand, seems to have been hit harder by the chip crisis and the temporary closure of factories in China, due to Covid-19.which will have contributed to a drop in sales from 8.6 million units (2021) to 8.3 million (2022).
According to Toyota, the delivery of 10.6 million vehicles is set as a goal for 2023, which will once again depend on the group’s effectiveness in managing limitations such as the one that, in February, will force the brand to suspend activity. throughout the month at the factory in Kolin, Czech Republic. That’s where models like the Aygo X and the Yaris come from, but only when semiconductors are not lacking, as is the case.
Source: Observadora
