The Strategist

Toyota sells record number of vehicles during fiscal year 2024

04/26/2024 - 07:24

In fiscal year 2024, which concluded on March 31, Japan's Toyota Motor Corp. sold over ten million cars, which makes a 7.3 percent increase from the previous year, the company stated.

It was the first time that the automaker's yearly sales exceeded 10 million vehicles.

The company’s production rate increased by 9.2% to 9.97 million units in the last fiscal year.

The data does not include sales of Daihatsu Motor and Hino Motors, but contains the performance of the Lexus brand.

With the subsidiary brands taken into account, Toyota sold over 11 million vehicles in the fiscal year, a record and a 5% increase over the previous year.