The Toyota group sold 10.82 million vehicles (passenger cars and light utility vehicles) in 2024
- The Toyota group (Toyota, Lexus, Daihatsu, Hino) has managed the Daihatsu scandal at the beginning of the year rather well, as it has gradually offset for a large part of the interruption in production at its subsidiary Daihatsu in the first quarter.
- Daihatsu scandal in early 2024 involved safety tests falsified by the Toyota subsidiary over several decades. An independent investigation revealed that Daihatsu teams had intentionally manipulated crash test results to obtain validation of vehicle safety levels. This led to a mass recall of 64 different models and the withdrawal of the certification of three utility vehicles by Japanese authorities. Production was suspended at Daihatsu's four assembly plants in Japan, and vehicle sales were frozen in all markets where the brand operates.
- Finally, the Toyota group sold 10,821,480 vehicles (passenger cars and light utility vehicles) worldwide last year, down 3.7% compared to 2023 (but down 19.7% in Japan). The Toyota brand sold 9,308,122 vehicles (-1.4%), Lexus 851,214 (+3.3%), Daihatsu 536,588 (-32.1%), and Hino 125,556 (-7.1%). It should be noted that the Lexus brand posted a new sales record last year.
- The scarcity of its battery electric vehicle offering has not handicapped the Toyota group, which traditionally relies on full-hybrid (HEV) technology, which continues to develop across the carmaker's entire range, in Japan, the United States and Europe.
- This is the fifth consecutive year that Toyota has been the world leader in car sales, and Inovev believes that the leading Japanese carmaker could remain so for several more years, even if it sells very few all-electric cars. The Toyota group sold 136,847 BEVs in 2024, representing only 1.3% of its total sales.