Toyota topped the global sales chart in 2021 because to a strong supply chain and rapid growth in electrified vehicles, among other things.
While several automakers faced COVID-19 challenges in 2021, Toyota Motor Corp. of Japan appears to have fared the best. Toyota outperformed significant rivals in terms of sales volume in all main markets.
Toyota sold more than 10.07 million light vehicles in the calendar year 2021, up from 9.3 million the year before, according to projections from GlobalData. The results validated Toyota’s position as the top automaker in the world in terms of sales for the second year in a row. Compared to the 250K delta in 2020, the year-over-year growth of 9.2 percent widened the distance with Toyota’s closest rival Volkswagen Group to 1.63 million units. In 2021, the Volkswagen Group sold 8.5 million vehicles, 5.9% fewer than in the previous year.
In 2021, Toyota has established some significant goals. Its vehicle sales broke General Motors’ 90-year sales streak in the US and achieved a record high of 1.94 million vehicles in China. Toyota’s strong supply chain network and business strategy, which remained flexible to local markets and enabled the corporation to steadily penetrate important automotive markets, are credited with helping it achieve global leadership. For instance, Toyota has had rapid growth in China over the past nine years and has outperformed the sector norm. Toyota outperformed its rivals in avoiding the effects of COVID-19 infections and semiconductor shortages. For instance, the largest Volkswagen facility in Wolfsburg, which produces the Golf, Touran, Tiguan, and Seat Tarraco models, continued to experience substantial effects from chip shortages all year long. After Ford, the VW Group continued to be the OEM with the second-highest production losses. In 2021, it suffered a manufacturing loss of 1.15 million units. The fact that Japan and other Asian nations generally experienced less viral activity than Europe was advantageous to Toyota.
In addition to all other aspects, Toyota’s performance in 2021 was improved by high increase in the sales of hybrid and electric vehicles, which was aided by favorable market dynamics. The acceleration of electrification is anticipated to accelerate Toyota’s growth in the upcoming years.
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How many cars does Toyota sell annually?
According to Toyota’s vehicle sales in the United States during the fourth quarter of 2021, the company’s eponymous brand is responsible for the majority of sales. There were about 383,900 Toyota sales in Q4 2021. Despite a sluggish fourth quarter, Toyota’s overall sales increased by by 5% in 2021, while sales of Lexus increased by almost 19% from 2020 to 2021.
In terms of manufacturer-specific worldwide auto sales, Toyota is a front-runner. In the fiscal year 2020, Toyota sold 9.5 million automobiles worldwide, an 11% decrease from the previous year due to the COVID-19 pandemic’s effects on the auto sector. Toyota’s vehicle output has decreased as well, after being largely steady up until the 2019 fiscal year. Toyota manufacturing facilities closed during the pandemic, while the global chip shortage caused more brief closures in 2021. Toyota was ranked as the second most valuable brand in the global automobile industry as of 2021, only behind Tesla.
The Toyota Corolla was one of the top three selling vehicles worldwide in 2020. Two of the top three best-selling vehicles in the United States in 2021 belonged to Toyota, along with the most well-liked sport utility vehicle. The Toyota RAV4, Camry, and Corolla were among the most well-liked vehicles.
How many automobiles did Toyota sell worldwide in 2020?
Toyota outperformed rivals globally by avoiding protracted production halts through meticulous microchip sourcing and supply chain management. Toyota attributed their advantage to stockpiling at the beginning of the crisis and maintaining strong contact with suppliers.
The tactic achieved more for Toyota than only increase its global lead over Volkswagen.
Additionally, it helped Toyota defeat General Motors to win the U.S. sales championship in 2021. For the first time in nine decades, GM didn’t come in first place on the American best-seller list.
Toyota and VW had a smaller lead in 2020 as global manufacturers struggled with COVID-19 disruption. Volkswagen had 9.305 million global deliveries, compared to 9.528 million for the Japanese business.
As is customary for Toyota, the firm downplayed the most recent global sales ranking.
“Being number one has never been Toyota’s primary goal, and we see our sales results as the result of every customer choosing to support our brands, according to spokeswoman Shiori Hashimoto. “Being the greatest brand for safety and quality is our company’s mission.
Heavy commercial trucks are counted in the totals for Toyota and Volkswagen, including volume from the Man, Scania, and Commercial Vehicles divisions of Volkswagen and Toyota, respectively. If they are excluded, VW continues to sell more trucks, which extends the gap between them and the Japanese and German automakers.
However, Toyota’s strong 2021 results don’t always portend a bright future.
As it recovered from the epidemic, Toyota set its global production goal for the current fiscal year at 9.3 million vehicles for the Toyota and Lexus brands in the 12 months leading up to March 31.
And despite the pandemic and the assault against the microprocessor, the corporation generally surprised the industry by increasing output and posting record profits. But since last summer, Toyota has started to feel the effects of the global recession and has started to cut back on production along with its competitors. Toyota issued a warning this month that it would fall short of its revised 9 million unit production goal for the fiscal year.
The Toyota-Lexus division produced 8.584 million automobiles in calendar year 2021, an increase of 8.5% over 2020, when pandemic lockdowns severely affected manufacturing and dealers.
However, in terms of sales, the Toyota Group’s performance for the year 2021 came in third place all-time, falling behind the records of 10.742 million vehicles delivered in 2019 and 10.594 million in 2018. These numbers include the minicar subsidiary Daihatsu and the truck manufacturer Hino.
To 9.615 million vehicles, these brands’ global deliveries increased by 10.6%. Only the record 9.714 million units that the brands sold in 2019 did that amount surpass it. Sales of the Toyota brand alone increased to 8.855 million vehicles globally in 2021 from 7.973 million in 2020.
For contrast, Volkswagen Commercial Vehicles sold an additional 359,900 vehicles in addition to the 4.897 million passenger cars under the Volkswagen brand that were sold in 2017.
2.621 million electrified vehicles, including hybrids, battery-electric vehicles, and hydrogen fuel cell vehicles, were sold by hybrid industry pioneer Toyota in 2021, setting a new record.
In 2021, the number of battery EVs delivered globally by the Volkswagen Group nearly doubled to 453,000 vehicles. Toyota saw EV sales grow by four times, but only to a meager 14,407 vehicles.
Toyota continues to promote gasoline-electric hybrids, making it a late entrant in the worldwide battle for pure EVs. But with the introduction of the bZ4X all-electric crossover this year, it makes its first significant entry into the market. Toyota also intends to catch up quickly with 30 all-electric cars by 2030.
Toyota sold a record-breaking 2.482 million hybrid cars in 2021, a 30% increase over 2020.
The largest automaker with U.S. headquarters, GM, has not yet released its 2021 global sales figures. But it reserved 4.812 million units through September. The slimmed-down, post-bankruptcy GM has largely been out of competition for the position of global No. 1 since reducing its international businesses.
In 2019 how many automobiles did Toyota sell?
- RAV4 sales in 2019 are at an all-time high, up 4.9 percent, with the RAV4 Hybrid showing the largest rise at 92.3 percent.
- Sales of premium SUVs in the Lexus division as a whole increased by 5.6 percent, making this the highest year ever.
- Total hybrid sales increased by 28.7% in 2019; Toyota division hybrid sales increased by 26.3%; and Lexus division hybrid sales increased by 43.1%.
Dallas, Texas (January 3, 2020) In comparison to December 2018, Toyota Motor North America (TMNA) announced sales of 207,373 automobiles in December 2019. This represents a volume decline of 6.1 percent and a daily selling rate (DSR) decline of 2.4 percent.
In terms of volume and DSR, TMNA reported annual sales of 2,383,349 automobiles, a 1.8 percent decline.
The Toyota business reported sales of 172,048 units for December, a decrease of 3.5 percent from a DSR basis and 7.2 percent from a volume perspective. The Toyota division reported annual sales of 2,085,235 automobiles, a volume and DSR decline of 2.0%.
“Toyota had a successful year in 2019. According to Jack Hollis, group vice president and general manager of the Toyota division, we kept our top rank in hybrid, passenger car, SUV, small truck, and retail sales. ” However, we won’t stop there. 2020 will be even better for us as we introduce new vehicles and maintain our leadership in the mobility and hybrid markets.
In December, the Lexus division sold 35,325 automobiles, down 0.6 percent in volume terms but up 3.4 percent in DSR terms. On a volume and DSR basis, Lexus reported sales of 298 114 vehicles for the year, down 0.1%.
“According to David Christ, group vice president and general manager of the Lexus Division, Lexus had a successful year in 2019 thanks to the exponential growth in hybrid sales and the introduction of five new and upgraded vehicles, including the RX, GX, UX, RC F, and RC F Track Edition. “On January 17 at the Barrett-Jackson auction, we are thrilled to auction off a one-of-a-kind LC 500 Convertible, with the proceeds going to the Bob Woodruff Foundation and Boys & Girls Clubs of America.
Nissan Division:
- Sales of the RAV4 increased by 4.9 percent overall and 6.8 percent in December, with the RAV4 Hybrid leading the way with a 92.3 percent final year rise.
- Corolla sales grew 0.4 percent overall, driven by the Corolla Hatchback’s best-ever year of 5.2 percent growth.
- Tacoma sales increased by 1.3 percent in 2019, making it the highest year ever.
- Sales of Land Cruisers increased by 101.1% in December and by 9.7% for the entire year.
- Overall SUV sales for the Toyota division increased by 0.8% during the year.
- Sales of hybrid vehicles within the Toyota division increased overall by 56.7% in December and by 26.3% overall for the year.
Toyota Division
- RC sales grew 25.5 percent in December and 36.7 percent overall in 2019.
- ES sales increased 5.9% for the year, with the ES Hybrid leading the way with a year-end gain of 72.8 percent.
- December saw a 326.7 percent growth in UX sales, bringing the total for 2019 to 16,725
- NXh had its best year ever, increasing by 6.4 percent.
- RX sales up 6.4 percent in December, and RXh increased 2.9 percent for the year.
- In December, LX sales rose 165.1 percent.
- Sales of luxury SUVs from the Lexus division increased overall in December by 6.8%; overall sales for 2019 increased by 5.6%, making it the highest year ever.
- Sales of hybrid vehicles throughout the whole Lexus division increased by 29.6% in December and by 43.1% for the entire year, making it the biggest December and year ever.
Toyota produced how many automobiles in 2021?
In the nearly 120-year history of the business, Toyota Motor became the first manufacturer based outside of the country to dethrone General Motors as the top-selling automaker in the United States last year.
That achievement highlights the seismic shifts affecting the car industry, which is moving toward electric vehicles while contending with intense competition and outside pressures. And it happened during a turbulent and peculiar year in which automakers battled a swift transition to electric vehicles and significant manufacturing difficulties. Even though there has been a huge increase in demand for cars, a major scarcity of computer chips has caused manufacturers to shut down operations, which has hurt sales of new cars.
Due to the severe impact of the chip shortage, G.M., Ford Motor, and Stellantis, the carmaker formed by the merging of Fiat Chrysler and Peugeot, produced and sold fewer cars than they had anticipated to in 2021. Toyota suffered less damage.
In addition to this shortage, the coronavirus pandemic and associated supply-chain issues slowed sales and increased new and used automobile costs, often to absurdly high levels. Approximately 15 million new vehicles were sold by automakers in 2021, according to projections from industry watcher Cox Automotive. That represents a 2.5% increase over 2020 but falls far short of the 17 million automobiles the sector typically sold in a year before to the epidemic taking hold.
G.M. said on Tuesday that its sales of trucks and cars in the United States fell by 13% in 2021 to 2.2 million units. Toyota had more chips available because it had higher stocks of parts after the 2011 Japanese earthquake and tsunami stopped the production of numerous crucial parts. Sales in 2021 increased by more than 10% to 2.3 million.
“The supremacy of the American automakers in the American market is just about finished,” said Erik Gordon, a University of Michigan management professor who studies the sector.
Toyota may not have defeated General Motors this year, but the fact that they did is a testament to how the industry evolved. No American automaker can believe that being American gives them a right to a certain percentage of the market.
On Wednesday, when the business reveals sales figures, Ford is anticipated to come in third.
Chips are in short supply since at the start of the pandemic, car manufacturers all around the world shut down to stop the coronavirus from spreading. Computer and other consumer electronics sales exploded at the same period. When the auto industry started up again, there were fewer chips available.
Automakers and dealers alike have been making substantial profits because they have been able to hike prices, despite the fact that new car sales have been poor.
“Sales volumes are down, but Rick Ricart, whose family owns Ford, Hyundai, Kia, and other dealerships around Columbus, Ohio, stated that margins are higher and costs are down. “Now, we had hardly any inventory costs. When the truck carries the cars, they have already been sold. Within 24 to 48 hours, they vanish.
The shift to electric cars and trucks is another issue automakers are battling. Many businesses are investing tens of billions of dollars in the design and construction of battery-powered manufacturing facilities. They are attempting to overtake Tesla, which currently sells the vast majority of electric automobiles.
Who in the world sold the most automobiles in 2020?
The Toyota Corolla’s sales declined by about 250,000 in 2020 after increasing in 2019. The Corolla continues to be the best-selling car in the world and the only one to sell a million units by the year 2020, which is greater than the overall sales decrease of 11% that Toyota endured.
Without topping the sales charts of any of the largest markets, the Corolla attained the top spot. The Corolla’s impressive total is due to its continually good sales and availability in more nations than most competitors.