Toyota Motor Corporation (TMC) passed worldwide cumulative vehicle production of 200m units in June.
The milestone took 76 years and 11 months to reach, and began with production of the Model G1 truck in August 1935 at Toyoda Automatic Loom Works’ Automotive Department, which was spun off and later became TMC. As of the end of June, cumulative production in Japan totaled 145.21m vehicles, including kits for assembly overseas, while overseas full production totaled 55.12m vehicles.
The most-produced model among Toyota-brand vehicles is the Corolla, of which the 11th generation was launched in Japan on 11 May. Cumulative worldwide Corolla production totaled 39.08m units as of the end of June.
It took TMC over 50 years to produce its first 50m. The second 50m took just over 11 years while it took a further nine years to raise the total to 150m.
The most recent 50m were produced in six years and five months – at a rate of one vehicle almost every four seconds.
Australia was one of the first markets to take to Toyotas. Initially some Landcruisers were imported for a hydro project in the late 1950s after a principal of a construction contractor had seen them at work overseas. He went on to found a company – Thiess – importing Toyota commercials that operated independently of the car-importing arm for decades.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThough Australia has less than one-third of one per cent of the world’s people (0.32 per cent), the buying rate for Toyota vehicles in the country is eight times higher, accounting for 2.77% of the automaker’s total global production.
Local assembly began there in 1963, full production followed in the 1980s and exports started in 1986.
Toyota in Australia has produced almost one million vehicles – mainly Camry – specifically for export markets, predominantly the Middle East.