Toyota Motor retained its title of the world’s largest automaker by volume in the first six months of 2021 with sales rising by over 31% to a record 5.47m vehicles across its main brands.
This was 4.5% higher than its previous record of 5.31m sales in H1 2019, before the global COVID-19 outbreak, and was achieved despite shortages of semiconductors and virus infections forcing the company to sporadically suspend production at numerous plants worldwide.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Production was up by almost 35% at 5,296,351 units.
The Japanese automaker outpaced Volkswagen group which saw its sales rise by a reported 28% to 4,978,200 vehicles in the same period.
Global sales of Toyota and Lexus brand vehicles rose by almost 33% to 5,005,625 vehicles while Daihatsu sales rose by close to 19% to 386,933 units and Hino sales were up by 13% at 75,665 units.
Group sales in Japan rose by 15% to 1,165,166 units in the six month period while overseas sales rose by 36.5% to 4,302,052 units.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataStrong growth was reported in the US in the first half of the year, of close to 45% to 1,291,879 units, while sales in China rose by over 25% to 832,400 units.
