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Toyota remains world's top automaker with 10.8 million sales in 2024

Toyota Motor sold 10.8 million vehicles in 2024, remaining the world's top-selling automaker for a fifth straight year.
 
The Japanese automaker posted a 3.7% drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors.
 
The decline was largely due to a steep slump in sales in Japan where the automaker faced fallout from governance issues over certification test procedures, especially at Daihatsu.
 
Second-ranked German rival Volkswagen Group earlier this month reported a 2.3?cline, in unit sales last year to just over 9 million vehicles, as it seeks to cut costs at home and fight a price war in key market China.


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