In the wave of electrification, TM ADR US maintains its position as the top-selling brand, with sales reaching a new record high.

Wallstreetcn
2024.01.30 07:40
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In 2023, TM ADR's US sales volume increased by 7.2% YoY to reach 11.2 million vehicles, while production volume increased by 8.6% YoY to reach 11.5 million vehicles, both setting new records. This marks the fourth consecutive year that TM ADR has been the world's largest automobile manufacturer.

TM ADR US, the world's largest automobile manufacturer, achieved a historic high in sales volume in 2023.

On Tuesday, TM ADR US announced that its global sales volume in 2023 (including Toyota and Hino) increased by 7.2% YoY, reaching a record-breaking 11.2 million units, maintaining its position as the global leader for the fourth consecutive year.

TM ADR US attributed this success to its record-breaking overseas sales of 8.9 million units.

Furthermore, the sales volume of TM ADR US vehicles, including the Toyota and Lexus brands, reached a historic high of 10.3 million units. Hybrid vehicles accounted for about one-third of the sales, while pure electric vehicles accounted for less than 1%.

In terms of production, global production increased by 8.6% YoY, also reaching a record-breaking 11.5 million units.

TM ADR US previously stated that due to strong market demand and the alleviation of semiconductor shortages, global sales in December increased by 10% YoY to 1 million units, while production increased by 7.7% to 906,500 units.

In comparison, Volkswagen Group's annual deliveries in 2023 increased by 12% YoY to 9.2 million units, ranking second globally.