In 2024, Toyota sold 10.8 million vehicles globally, making it the world's top-selling automaker for the fifth year in a row. However, Toyota's global sales decreased by 3.7%.
Factors affecting Toyota's 2024 sales
Production issues: Production issues caused a decrease in deliveries
Shift to hybrid cars: Consumers in the U.S. and other markets are shifting to hybrid cars from fully electric vehicles
Declines in China and Japan: Toyota's production and sales in China and Japan decreased
Toyota's 2024 U.S. sales
Toyota's electrified vehicle sales in the U.S. in 2024 were an all-time high, representing 43.1% of total sales
Toyota's first half of 2024 sales were up 14.7%, with passenger car sales up 13.6%, SUV sales up 28.6%, and truck sales up 15.1%
Wait times for Toyota deliveries
Wait times for Toyota deliveries depend on the model and specifications of the car
Wait times for Toyota hybrids and plug-in hybrids are generally longer
