References and footnotes From April 1, 2020, to March 31, 2021, is the fiscal year (FY21). References:[1][2]
Toyota Motor Corporation, also known simply as Toyota, is a multinational car manufacturer with headquarters in Toyota City, Aichi, Japan (Japanese:, Hepburn: Toyota Jidsha kabushikigaisha, IPA: [tojota], English: /tjot/). Kiichiro Toyoda established it, and it became a corporation on August 28, 1937. (1937-08-28). One of the biggest automakers in the world, Toyota produces around 10 million automobiles annually.
The business was initially established as a subsidiary of Toyota Industries, a manufacturer of machines that Kiichiro Toyoda’s father, Sakichi Toyoda, created. The Toyota Group, one of the biggest conglomerates in the world, now includes both businesses. The firm created its first product, the Type A engine, in 1934 while it was still a division of Toyota Industries, and its first passenger automobile, the Toyota AA, in 1936.
Following World War II, Toyota benefited from Japan’s alliance with the US by studying American automakers and other businesses. This allowed Toyota to develop The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing technique), which helped the small business grow into an industry leader and became the focus of numerous academic studies.
The Toyota Corolla, the all-time best-selling car in the world, was developed in the 1960s as a result of Toyota taking advantage of a rapidly expanding Japanese middle class to sell automobiles to. By December 2020[update], Toyota would have become one of the largest automakers in the world, the largest firm in Japan, and the ninth-largest company in the world by revenue thanks to the rising economy’s funding of a foreign expansion. In 2012, when it announced the production of its 200 millionth vehicle, Toyota made history by becoming the first automaker in the world to create more than 10 million automobiles annually.
Since the 1997 launch of the Toyota Prius, Toyota has received recognition for being a pioneer in the creation and marketing of more fuel-efficient hybrid electric vehicles. The business now offers more than 40 different hybrid car models for sale worldwide. However, more recently, the business has also been charged of greenwashing due to its skepticism of fully electric vehicles and its focus on the creation of hydrogen fuel cell vehicles, such the Toyota Mirai, a more expensive technology that has lagged well behind electric batteries.
Daihatsu, Hino, Lexus, Ranz, and the company’s own Toyota are the five brands under which Toyota Motor Corporation manufactures automobiles. The company also owns stakes in vehicle manufacturing joint-ventures in China (GAC Toyota and FAW Toyota), the Czech Republic (TPCA), India (Toyota Kirloskar), and the United States. These stakes total 20 percent in Subaru Corporation, 5.1 percent in Mazda, 4.9 percent in Suzuki, 4.6 percent in Isuzu, 3.8 percent in Yamaha Motor Corporation, and 2.8 percent in Panasonic (MTMUS).
In This Article...
How many automobiles did Toyota make in 2020?
In the fiscal year that concluded on March 31, 2021, Toyota’s motor vehicle output decreased by 14.4 percent to reach over 7.6 million units. This number comprises vehicles marketed under the Daihatsu and Hino brands as well as commercial vehicles. In the fiscal year 2021, Toyota Motor’s net income totaled over 27 trillion Japanese yen.
North America is considered to be the largest source market for Toyota automobiles outside of Japan. Around 1.6 million Toyota automobiles were assembled in North America between April 2020 and March 2021. Toyota ranked as the second-largest automaker in the United States in 2020, despite North American factories producing nearly 9% fewer automobiles than they did the previous year.
Toyota’s auto facilities in the Chinese manufacturing centres of Tianjin and Guangzhou are expected to increase their output of electric vehicles. The biggest automaker in Japan is presently a part of a joint venture with FAW and BYD, but it anticipates benefiting from China’s elimination of restrictions on foreign ownership of new energy vehicle producers.
How many vehicles are produced by Toyota?
The price of a Toyota car starts at Rs 6.53 Lakh for the Glanza, the least costly model, and starts at Rs 92.52 Lakh for the Vellfire, the most expensive model. Toyota offers 7 different automobile models in India, including 1 SUV, 1 Sedan, 1 Hatchback, 1 Compact SUV, 2 MUVs, and 1 Truck. The Belta, Urban Cruiser Hyryder, Rumion, and New Innova Crysta are the four upcoming Toyota vehicles in India.
A division of the Japanese company Toyota Motor Corporation is Toyota Kirloskar Motor Pvt. Ltd. In 1997, Toyota Motor Corporation and the Kirloskar Group established a joint venture to enter the Indian market. 91% of the shares are owned by Toyota Motor Corporation (TMC), and the remaining 11% are held by Kirloskar Group.
With Qualis, the Japanese company entered the Indian market. The Camry was the next company’s entry into the mid-size market, which it made in 2002. The Toyota Camry is a line of mid-size (previously compact) vehicles produced by Toyota since 1980 and offered in most global automotive markets. The Camry has consistently been the best-selling car in the US for the past ten years, but in some years it has been surpassed. In 2003, the business launched the Corolla, a well-known seller on the international market, in India. The popular sellers Innova Crysta, Fortuner, Etios, and Glanza are just a few of the items the Japanese automaker has presented in India throughout the years.
The 850-acre Toyota Kirloskar Motor Private Limited plant in Bidadi, Karnataka, has a production capacity of 1,10,000 vehicles annually. The second production facility of the company, which is situated outside of Bangalore, Karnataka, is capable of producing 210,000 automobiles annually. The combined annual production capacity of both factories is 3,20,000 automobiles.
Recent announcements of new future plans made by Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) under their cross-badging agreement. The collaboration aims to combine Suzuki’s expertise in technology for tiny vehicles with Toyota’s competence in electrification. The goal of the final product is to make electrified vehicles widely accepted. Through local procurement of HEV systems, engines, and batteries, Toyota hopes to widely expand hybrid electric vehicle (HEV) technology in the nation.
How many automobiles did Toyota produce in 2019?
- 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.
How many Toyota vehicles are there worldwide?
Since the G1 Truck’s production began in 1935, before the founding of Toyota Motor Co. Ltd., to the end of 2011, Toyota has produced a total of roughly 195.7 million motor vehicles globally. During the 1960s motorization boom, manufacturingparticularly in Japangrew quickly, and Toyota established numerous new production facilities. Local production later made significant strides when New United Motor Manufacturing, Inc. (NUMMI) in the United States began production in 1984. The IMV Project* was started in 2004, and in 2007 the volume of production outside of Japan surpassed that within Japan. As of the end of 2011, Toyota was producing goods in 27 nations and regions, adhering to the beliefs that the creation of automobiles benefits society and that products should be produced where there is a market for them.
For distribution to more than 140 nations worldwide, the IMV (Innovative International Multi-purpose Vehicle) Project manufactures three pickup trucks based on the Hilux, the Fortuner sport utility vehicle, and the Innova minivan in Asia, South Africa, and South America. August 2004 saw the start of production in Thailand and Indonesia.
Worldwide Production Volume
Note 1:
Vehicles are produced in Japan both fully assembled and in knockdown form.
Note 2:
Local manufacture and knockdown vehicles are included in the production volume for Japan in the figures for 19591978 under the overseas production column.
Note 3:
Local line-off manufacturing quantities for export, excluding knockdown cars, begin in 1979.
Note 4:
‘Knockdown vehicles’ are those whose cost of component parts is at least 60% made up of parts imported from Japan.
Toyota: A History of the First 50 Years-Appendix, Toyota in the World, and Toyota internal data are the sources for the production statistics for Japan. Toyota in the World and Toyota internal data are the sources for the production statistics for the rest of the world (data for 1979 and beyond)
How many automobiles did Toyota make in 2021?
The Toyota Group expanded global auto sales, global production, and vehicle exports from Japan in 2021. This includes the Toyota brand, Lexus, Daihatsu, and Hino.
The Toyota Group boosted its global sales in the full calendar year of 2021 by 10.1% to approximately 10.5 million vehicles, keeping its lead as the biggest automaker in the world. Sales of the Toyota brand increased globally by 10.6%, and despite weaker domestic sales in Japan, the brand gained market share. Despite persistent manufacturing challenges with a lack of semiconductors and COVID limitations in many countries, the global car production of the Toyota group climbed by 9.4% in 2021 to slightly over 10 million vehicles. To little over 1.8 million vehicles, Toyota Motor Corporation’s automotive exports from Japan climbed by 1.6%. For Toyota and Lexus, the biggest market for new cars is still the US.
Why did Toyota outsell GM?
For the first time since 1931, a carmaker located outside of the United States, Toyota Motor Corp., outsold General Motors Co. in American sales in 2021.
GM’s U.S. sales were 2.22 million, a 13% decrease from the prior year, while the Japanese carmaker delivered 2.33 million vehicles for the entire year, up 10% from 2020.
However, a significant aspect was that GM was more negatively impacted than Toyota by the global shortage of semiconductors, which are essential to the expanding electronic content of all automobiles.
While thanking Toyota’s devoted consumers, senior vice president Jack Hollis stated that being the best-selling manufacturer in the United States is not a priority or something he expects to achieve every year.
By prioritizing the manufacture and sales of its most lucrative models, such as the Chevrolet Silverado and GMCGM Sierra pickup trucks and large SUVs like the Cadillac Escalade, GMC Yukon, Chevrolet Tahoe, and Suburban, GM has been able to combat the semiconductor shortage.
Sales of the Silverado and Sierra combined reached 778,689 in 2021, an 8% decrease from their combined sales in 2020. Nevertheless, despite supply chain hiccups, sales of the four large SUVs increased 30.4 percent to 278,991.
Although there is more optimism for industry sales heading into the new year, uncertainty still exists.
More auto industry analysts estimated that the total number of light vehicle sales in the United States would be about 15 million in 2021, a considerable decrease from the 17.3 million average yearly sales between 2015 and 2019.
Forecasted sales for 2022 are in the range of 15.5 million to 16.5 million. How quickly the semiconductor shortfall is fixed will determine many things.