Toyota’s Global Sales Doubled to Record High in April

Japanese automaker Toyota has announced that its global sales in April doubled from a year earlier to 859,448 units, a record-high for the month, as auto demand continues to recover from a slump caused by the coronavirus pandemic. 

Related: Toyota’s Hydrogen Car Makes Successful Debut in Fuji 24 Hours Enduro 

Toyota also doubled global output from a year earlier to 761,459 units thanks to a robust demand in China and United States despite a global semiconductor shortage that has hit the auto industry. Both sales and production rose for the 8th month in a row. 

Toyota's Global Sales Doubled to Record High in April 1

In its home market Japan, sales including mini vehicles rose 27.1% from a year earlier to 124,017 units thanks to the popularity of the Harrier SUV and new Yaris hatchback. 

Toyota's Global Sales Doubled to Record High in April 2

Overseas output marked a 3.1-fold increase to 493,854 units, a year after production was partly suspended in North America and Europe. In Japan, 267,605 units were churned out in April, up 22.7%, according to Toyota. 

Related: Toyota Production to Exceed 10 Million Units in 2022

The global chip shortage since late last year has forced automakers to cut production. However, Toyota has been relatively unscathed compared with its competitors but still, the company has announced a plan to suspend operations at two of its plants in Japan for up to 8 days in June, which will likely reduce output by 20,000 units amid the shortage of semiconductors. 

Source: Japan Times 

Subscribe
Notify of
2 Comments
Oldest
Newest
Inline Feedbacks
View all comments