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Friday March 29, 2024

Toyota retains crown as world’s best-selling automaker

By News Desk
July 30, 2021

NAGOYA: Toyota Motor Corp. remained the world's best-selling automaker with a record 5.47 million vehicles sold for the first six months of 2021, outpacing German archrival Volkswagen AG, the Japanese company's data showed Thursday, reported foreign media.

It is the second year in a row that Toyota has been the world's top automaker in the first half, underscoring its sharp recovery from the initial fallout from the coronavirus pandemic and relative resilience despite a global chip crunch.

Toyota's previous record sales for the first half of a year was set in 2019 with about 5.31 million units sold globally. Toyota has enjoyed robust sales in its key markets such as the United States and China. A Toyota official said the automaker has been able to "limit" the impact of the global semiconductor shortage.

In the January-June period, Toyota sold 5,467,218 vehicles globally, up 31.3 percent from a year earlier. The figure includes those sold by its mini vehicle-manufacturing subsidiary Daihatsu Motor Co. and truck maker Hino Motors Ltd.

Volkswagen sold 4,978,200 vehicles in the same period, up 27.9 percent from a year earlier. In the six months to June, strong demand for new models in North America and China lifted Toyota's overseas sales to a record 4.3 million units, a 36.5 percent year-on-year jump.

In Japan, the manufacturer of the Harrier SUV and Yaris compact car reported a 15.0 percent gain in sales to 1.17 million vehicles, including minicars with engines of up to 660 cc., Toyota said.