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Toyota global sales and production secures 90 percent level year-on-year in FY2021

Toyota Motor Corporation (TMC) announces its sales, production, and export results for March 2021 as well as the cumulative total from January to April 2021, and the fiscal year from April1, 2020 to March 31, 2021, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd

Despite the COVID-19 pandemic, which began spreading early in 2020, Toyota was able to continue corporate activities through comprehensive implementation of various infection prevention measures and by working with partners including suppliers and dealers, and focusing on “doing what should be done.”

In addition to these efforts, with the support of customers around the world who favor Toyota cars, Toyota’s global sales and production have both been up year-on-year since September 2020, enabling Toyota to limit the year-on-year decline in sales and production to less than 10 percent in FY2021.

Additionally, Toyota has maintained domestic production at the 3-million-unit level.

Global Sales

  • Global sales in FY2021 were down 4.0 percent, driven primarily by sales in China, North America, and Japan.
  • In China, sales of new models including the Corolla, Levin, RAV4, and Wildlander, as well as Lexus brand vehicles, were strong, and sales were up 29.6 percent year-on-year.
  • Global sales were up 19.1 percent year-on-year in the January to March quarter, exceeding initial expectations.*

* Initial expectations were that sales would be up approximately 10 percent in the January to March quarter (at the time of announcement of third quarter results).

Global Production

  • Global production in FY2021 was down 6.4 percent year-on-year. Production in China was up 30.9 percent year-on-year.
  • Global production in the January to March quarter was up 13.8 percent, and has remained solid since April.

Other Topics

  • The global ratio of electrified vehicle sales increased from approximately 20 percent in FY2020 to approximately 24 percent in FY2021. The increase was driven primarily by sales in Europe, China, and North America.
  • The best-selling Toyota vehicle in FY2021 was the RAV4, with global sales of 1,031,000 units (up 2.4 percent year-on-year).

Toyota Motor Corporation (TMC) announces its sales, production, and export results for March 2021 as well as the cumulative total from January to April 2021, and the fiscal year from April1, 2020 to March 31, 2021, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.

March 2021

Sales Results

 

Record high

Toyota Daihatsu Hino Record high

Total

Worldwide sales

982,912(44.2) 84,894(3.6) 16,999(8.3)

1,084,805(39.2)

Sales inside of Japan
Incl. minivehicles

191,344(6.4) 72,398(2.1) 8,111(-5.7)

271,853(4.8)

Market share

31.2(+0.3)

44.3(-0.3)

Excl. minivehicles

187,640(6.2)

Market share

48.8(+1.7)

Sales outside of Japan

791,568(57.8) 12,496(13.3) 8,888(25.2)

812,952(56.4)

Toyota
Worldwide sales: Seventh consecutive month of increase;
Sales inside of Japan (incl. minivehicles): Sixth consecutive month of increase;
Sales outside of Japan: Fourth consecutive month of increase

Consolidated
Worldwide sales: Sixth consecutive month of increase;
Sales inside of Japan (incl. minivehicles): Sixth consecutive month of increase;
Sales outside of Japan: Fourth consecutive month of increase

Production Results

  Record high Toyota Daihatsu Hino Record high Total
Worldwide production 843,393(31.6) 137,988(2.9) 15,477(14.1) 996,858(26.4)
Production inside of Japan 310,934(11.4) 101,253(11.9) 12,456(15.9) 424,643(11.7)
Production outside of Japan 532,459(47.1) 36,735(-15.7) 3,021(7.2) 572,215(40.1)

Toyota
Worldwide production: Seventh consecutive month of increase;
Production inside of Japan: First increase in three months;
Production outside of Japan: Seventh consecutive month of increase

Consolidated
Worldwide production: Seventh consecutive month of increase;
Production inside of Japan: First increase in three months;
Production outside of Japan: Seventh consecutive month of increase

Exports Results

  Record high Toyota Daihatsu Hino Record high Total
Exports 180,111(6.8) 0(―) 5,832(19.5) 185,943(7.2)

Toyota
First increase in three months

Consolidated
First increase in three months

Unit: Vehicles. Figures in ( ) show year-on-year percentage change. Market share: Percentage. Figures in ( ) show year-on-year percentage points.

Worldwide sales: Sales inside of Japan + Sales outside of Japan

Sales inside of Japan: Registrations + Notifications (incl. overseas-manufactured models)

Sales outside of Japan: Definition of “sales” varies by country or region

Worldwide production: Production inside of Japan + Production outside of Japan

Production inside of Japan: Complete vehicle + Kits for overseas assembly (figure as of line-off in Japan)

Production outside of Japan: Vehicles produced outside of Japan, excluding kits from Japan (figure as of line-off on site)

Exports: Exports from Japan to other countries and regions (figure as of time of ship loading)

◎ shows a record high for a single month, and ○ shows a record high for the corresponding month

For January to March 2021

Sales Results

  Toyota Daihatsu Hino Total
Worldwide sales 2,460,124(19.1) 208,787(-1.9) 39,359(0.8) 2,708,270(16.9)
Sales inside of Japan
Incl. minivehicles 456,087(8.1) 178,194(2.7) 17,256(-2.2) 651,537(6.2)
Market share 31.9(+1.1) 45.6(+0.9)
Excl. minivehicles 447,186(7.8)
Market share 50.6(+2.7)
Sales outside of Japan 2,004,037(22.0) 30,593(-22.4) 22,103(3.2) 2,056,733(20.7)

Production Results

  Toyota Daihatsu Hino Total
Worldwide production 2,253,098(13.8) 365,881(-3.4) 39,719(-3.3) 2,658,698(10.8)
Production inside of Japan 794,776(-0.5) 267,679(2.6) 32,341(2.3) 1,094,796(0.4)
Production outside of Japan 1,458,322(23.5) 98,202(-16.6) 7,378(-22.2) 1,563,902(19.5)

Exports Results

  Toyota Daihatsu Hino Total
Exports 459,068(-4.1) 0(―) 16,074(14.8) 475,142(-3.6)

Fiscal year from April 1, 2020 to March 31, 2021

Sales Results

  Toyota Daihatsu Hino Total
Worldwide sales 9,087,303(-4.0) 689,850(-14.9) 142,606(-20.9) 9,919,759(-5.1)
Sales inside of Japan
Incl. minivehicles 1,538,224(-3.1) 597,161(-6.7) 59,676(-10.7) 2,195,061(-4.3)
Market share 33.0(+1.5) 47.1(+1.6)
Excl. minivehicles 1,505,271(-3.1)
Market share 51.9(+3.1)
Sales outside of Japan 7,549,079(-4.2) 92,689(-45.7) 82,930(-26.9) 7,724,698(-5.4)

Toyota
Worldwide sales: Second consecutive year of decrease;
Sales inside of Japan (incl. minivehicles): First decrease in two years;
Sales outside of Japan: Second consecutive year of decrease

Consolidated
Worldwide sales: Second consecutive year of decrease;
Sales inside of Japan (incl. minivehicles): First decrease in two years;
Sales outside of Japan: Second consecutive year of decrease

Production Results

  Toyota Daihatsu Hino Total
Worldwide production 8,182,944(-6.4) 1,160,923(-21.4) 128,699(-28.8) 9,472,566(-8.9)
Production inside of Japan 2,918,905(-11.6) 917,558(-5.1) 111,922(-21.5) 3,948,385(-10.5)
Production outside of Japan 5,264,039(-3.2) 243,365(-52.3) 16,777(-56.1) 5,524,181(-7.7)

Toyota
Worldwide productions: Second consecutive year of decrease;
Productions inside of Japan (incl. minivehicles): First decrease in five years;
Productions outside of Japan: Fourth consecutive year of decrease

Consolidated
Worldwide productions: Second consecutive year of decrease;
Productions inside of Japan (incl. minivehicles): First decrease in two years;
Productions outside of Japan: Second consecutive year of decrease

Exports Results

  Toyota Daihatsu Hino Total
Exports 1,728,206(-15.4) 0(―) 48,565(-34.9) 1,776,771(-16.1)

Toyota
First decrease in four years

Consolidated
First decrease in four years

Unit: Vehicles. Figures in ( ) show year-on-year percentage change. Market share: Percentage. Figures in ( ) show year-on-year percentage points.

Worldwide sales: Sales inside of Japan + Sales outside of Japan

Sales inside of Japan: Registrations + Notifications (incl. overseas-manufactured models)

Sales outside of Japan: Definition of “sales” varies by country or region

Worldwide production: Production inside of Japan + Production outside of Japan

Production inside of Japan: Complete vehicle + Kits for overseas assembly (figure as of line-off in Japan)

Production outside of Japan: Vehicles produced outside of Japan, excluding kits from Japan (figure as of line-off on site)

Exports: Exports from Japan to other countries and regions (figure as of time of ship loading)

○ shows a record high for a fiscal year from April1 to March 31

SOURCE: Toyota

 

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