Toyota leads H1 global sales for 5th straight year

Toyota Motor Corp. sold 5.16 million vehicles worldwide in the first half of 2024, retaining the top spot in global sales for the fifth consecutive year, data released by the Japanese automaker showed Tuesday, reported Xinhua.

In the January-June period, the group's global sales, including those of its small-car manufacturing unit Daihatsu Motor Co. and truck-making subsidiary Hino Motors Ltd., fell 4.7 percent from a year earlier but still eclipsed 4.35 million units sold in the same period by German rival Volkswagen AG.

Overseas sales went up 3.1 percent to 4.34 million vehicles, thanks to robust demand in North America and Europe, while domestic sales dropped 32.0 percent to 823,595 vehicles as Daihatsu temporarily suspended production after it was found data in safety tests were rigged, Toyota said.

Toyota group's global production fell 9.8 percent to 5.07 million vehicles in the first half, the automaker added.