Representative image 
Business

Toyota keeps crown as world's top-selling automaker in 2023

The Japanese automaker reported a 7.2% jump in global group sales last year, including those of truck unit Hino Motors

Reuters

TOKYO: Toyota Motor, sold a record 11.2 million vehicles in 2023, it said on Tuesday, taking the crown as the world's top-selling automaker for a fourth straight year.

The Japanese automaker reported a 7.2% jump in global group sales last year, including those of truck unit Hino Motors, and small-car maker Daihatsu, helped by record overseas sales of 8.9 million vehicles.

Second-ranked German rival Volkswagen Group earlier this month reported a 12% rise in deliveries last year to 9.2 million cars, marking a post-pandemic recovery as supply chain bottlenecks eased.

Sales of Toyota's parent-only vehicles, which include those of its namesake and Lexus brands, hit a record of 10.3 million vehicles in 2023.

Gasoline-electric hybrids made up about a third of those. Battery electric vehicles accounted for less than 1%.

Balancing TVK & DMK, Congress signals multi-layered strategy

Parents’ marital status irrelevant in organ transplant plea: Madras HC

Tamil Nadu schools set to reopen on June 4 for 2026-27 academic year

Madras High Court adjourns withdrawal pleas in AIADMK general council dispute cases to June 4

Chidambaram discusses political situation with CPM