Toyota Motor Corporation has revised upward its global vehicle production forecast for its Toyota and Lexus brands combined to 10 million vehicles in 2025, up from 9.9 million units in 2024, according to local reports. The data does not include the company’s Daihatsu small car subsidiary and its truck-maker Hino Motors, which together produced a further 1.09 million units last year.
The Toyota and Lexus brands last exceeded 10 million units in combined output in 2023, when the automaker rebounded from an acute shortage of semiconductors, which had a significant effect on overall Japanese vehicle output in the previous year.
Earlier this year the automaker had forecast that Toyota and Lexus output in 2025 would come in at around 9.9 million units, with demand held back by uncertainty over US import tariff hikes. But the company has revised this forecast upward after output rose by 5.8% to 4,918,024 units in the first half of 2025. Additionally, Daihatsu’s first-half global output rebounded by 55% to 546,072 units, following last year’s production setbacks, while Hino’s output declined by 19% to 58,943 units.
