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Despite this decline, Toyota decreased by 2.3 %compared to the previous year. 9.03 million ranks second with sales Volkswagen GroupHe gave a comfortable advantage against.
Sales in Japan dropped 20 %
The decline in Toyota’s sales was largely caused by the Japan market, in which the company was engaged in a trick scandal in certification tests and had to stop the production of several models, including Prius. The total sales of the company in the motherland compared to the previous year 19.7 %decrease recorded.
On the other hand, Toyota’s sales in other markets increased by 0.5 %. Sales in North America increased by 4.3 %(2.72 million) and 3.6 %(1.17 million) in Europe. Sales in Asia fell by 3.1 %(3.21 million) due to the intense competition of local brands in China. Chinese sales decreased by 6.9 %to 1.78 million.
Toyota’s hybrid and electric vehicle sales on an annual basis It increased by 23 %to 4.53 million. The majority of these vehicles constituted non -charging hybrid vehicles (4,14 million). Rechargeable hybrid models 154 thousand, electric models were sold 140 thousand units. In general, hybrids constituted 40.8 %of Toyota’s global sales volume in 2024, The electricity made up only 1.4 %.
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