Toyota sold 10.8 million vehicles in 2024, remaining the world’s top-selling automaker for the fifth consecutive year. However, sales in China dropped by 6.9%, and global sales fell by 3.7%, mainly due to challenges in Japan.
Toyota Motor announced on Thursday that it sold 10.8 million vehicles in 2024, maintaining its position as the world’s top-selling automaker for the fifth consecutive year.
Despite achieving record global sales, the Japanese manufacturer reported a 6.9% decline in car sales in China, driven by intense price competition in the world’s largest automotive market. Additionally, Toyota’s global sales fell by 3.7% overall, largely due to a sharp drop in Japan. This decline was attributed to management issues related to certification procedures, particularly within its subsidiary, Daihatsu.
The company’s success in global markets, particularly in the U.S. with strong demand for its hybrid vehicles, helped offset some of the challenges faced in key regions like China and Japan.
Toyota Motor sold 10.8 million vehicles in 2024, maintaining its position as the world’s top-selling automaker for the fifth consecutive year despite a 3.7% decline in global sales, the company announced Thursday.
Toyota’s global production declined for the 10th consecutive month in November, down 6.2% year-on-year. However, the automaker saw a 1.7% increase in worldwide sales, marking the second consecutive month of growth.
Toyota’s global output fell for the ninth month in a row in October, primarily due to lower production in the U.S. and China. However, the automaker saw a 1.4% rise in global sales, reaching a record 903,103 vehicles for the month.
Newly released air traffic control (ATC) audio recordings provide an eerie and detailed account of the tragic midair collision between an American Airlines regional jet and a U.S. Army Black Hawk helicopter over the Potomac River on January 29, 2025.
Red Cross buses carrying 110 Palestinian prisoners arrived in the West Bank city of Ramallah on Thursday (January 30) as part of a phased agreement that ended over 15 months of conflict.
An 80-year-old Israeli hostage, Gadi Moses, has arrived at Tel Aviv’s Sorasky Medical Centre following his release from Hamas captivity
Apple is set to report slow revenue growth as weak iPhone demand, AI delays, and tough China competition weigh on sales, while a strong U.S. dollar adds further pressure.
Russian investigators confirm a Pantsir-S1 missile downed Azerbaijan Airlines Flight 8243. Baku demands accountability as tensions rise over Moscow's next steps.
BP aims to join the Karabakh oil field project in Azerbaijan by 2025, with negotiations underway to finalize terms with SOCAR for this strategic offshore development.
BP Azerbaijan has announced plans to build a new compression platform at the Shah Deniz gas field to optimize production, company spokesperson Tamam Bayatly confirmed in a press briefing.
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The president argues that the social media giant infringed on his rights by suspending his accounts after the January 6, 2021, US Capitol attack.
The State Oil Company of Azerbaijan (SOCAR) has started the transit of crude oil from Kazakhstan's Kashagan field through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline.
DeepSeek faces major cyberattacks traced to the US, escalating AI tensions. As the model gains traction, security concerns grow, fueling the global AI rivalry between China and the US.
UK car production fell to its lowest level in nearly 70 years in 2024, as the industry struggles with weak demand and transitions to electric vehicles, with further disruptions expected if tariffs are imposed by the U.S.
Newly released air traffic control (ATC) audio recordings provide an eerie and detailed account of the tragic midair collision between an American Airlines regional jet and a U.S. Army Black Hawk helicopter over the Potomac River on January 29, 2025.
Red Cross buses carrying 110 Palestinian prisoners arrived in the West Bank city of Ramallah on Thursday (January 30) as part of a phased agreement that ended over 15 months of conflict.
An 80-year-old Israeli hostage, Gadi Moses, has arrived at Tel Aviv’s Sorasky Medical Centre following his release from Hamas captivity
Apple is set to report slow revenue growth as weak iPhone demand, AI delays, and tough China competition weigh on sales, while a strong U.S. dollar adds further pressure.
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