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.
While addressing the 81st session of the UN General Assembly, U.S. President Donald Trump said he believes Washington and Tehran will reach a deal ...
U.S. President Donald Trump is addressing the UN General Assembly as world leaders gather in New York for the 81st session. Conflicts in the Middle...
Prime Minister Shehbaz Sharif has arrived in New York to lead Pakistan's delegation at the 81st UN General Assembly, where he is expected to ou...
Ukrainian President Volodymyr Zelenskyy said Kyiv was ready to halt strikes on Russian energy facilities if Moscow stops targeting Ukraine’s energy sector, critical infrastructure, and food exports, as he prepared to meet U.S. President Donald Trump in New York.
While addressing the 81st session of the UN General Assembly, U.S. President Donald Trump said he believes Washington and Tehran will reach a deal after the U.S. midterm elections.
Iran's military has threatened to launch sustained attacks on U.S. bases and interests across the Middle East if Washington resumes military action against Tehran.
U.S. President Donald Trump is addressing the UN General Assembly as world leaders gather in New York for the 81st session. Conflicts in the Middle East and Ukraine, global security and diplomacy set to dominate the event.
Overnight Russian strikes on the city of Sumy, northeast Ukraine, have killed one woman and injured a man, the country's State Emergency Service has said.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking the end of one of the most influential leadership tenures in corporate history and completing a succession process that has been years in the making.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
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