Toyota says its global sales and production recovered to 90 percent of previous year’s level in July and that sales are recovering at a ‘faster than expected pace’.

Toyota Motor Corporation (TMC) announces its sales, production, and export results for July 2020 as well as the cumulative total from January to July 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Global sales in July were down 12.0 percent from the previous year, recovering at a faster than expected pace.

Toyota said the recovery is being driven primarily by China (up 19.1 percent), the U.S. (down 19.0 percent), Europe (up 14.5 percent), and Japan (down 17.0 percent), and the trend continues toward recovery.

(The June figures were China: up 22.8 percent, U.S.: down 26.2 percent; Europe: down 11.5 percent, and Japan: down 22.7 percent.)

Global production in July was down 10.2 percent from the previous year (compared to down 24.0 percent in June), and recovery trend is continuing. Production in the U.S. and China exceeded previous year’s levels, and domestic production likewise recovered to 78.0 percent of previous year’s level.

GlobalData Strategic Intelligence

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 GlobalData

July: up 31.3 percent (Juneup 21.6 percent)

Strong sales of RAV4 and Camry pushed up sales exceeding last year’s level.

July: up 19.0 percent (June down 16.3 percent)

The market in general is on the path of recovery. Strong sales of light trucks, as well as of Camry and Highlander HEV and other electrified vehicles, resulted in sales exceeding last year’s level.

July: down 22.0 percent (down 44.8 percent)

Global market recovery resulted in sales performance as planned, Toyota said.

July sales Results

Toyota:

  • Worldwide sales: Seventh consecutive month of decrease;
  • Sales inside of Japan (incl. minivehicles): Tenth consecutive month of decrease;
  • Sales outside of Japan: Seventh consecutive month of decrease

Consolidated:

  • Worldwide sales: Seventh consecutive month of decrease;
  • Sales inside of Japan (incl. minivehicles): Tenth consecutive month of decrease;
  • Sales outside of Japan: Seventh consecutive month of decrease

Production Results

Toyota:

  • Worldwide production: Seventh consecutive month of decrease;
  • Production inside of Japan: Tenth consecutive month of decrease;
  • Production outside of Japan: Seventh consecutive month of decrease

Consolidated:

  • Worldwide production: Tenth consecutive month of decrease;
  • Production inside of Japan: Tenth consecutive month of decrease;
  • Production outside of Japan: Fourteenth consecutive month of decrease

Exports Results

Toyota:

  • Eighth consecutive month of decrease

Consolidated:

  • Eighth consecutive month of decrease

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now