Illustrative photo – In the photo from May 2, 2018, the Toyota Aygo is on the assembly line of the TPCA plant in Ovčary near Kolín.
Tokyo – Japanese automaker Toyota Motor produced a record 9.13 million cars in the past financial year. She just surpassed her goal, which she had lowered before. The company announced this in a press release today. At the same time, it warned that it continues to feel the effects of a long-term global shortage of chips. Toyota is the largest car company in the world in terms of sales volume.
Toyota's original production target for the 2023 financial year, which ended on March 31, was 9.7 million vehicles. However, due to supply disruptions in the industry, the company reduced it twice, most recently to 9.1 million. In the previous financial year, the automaker produced 8.57 million cars.
Global sales in the past financial year Toyota increased to a record 9.61 million cars from 9.51 million cars in the previous year. Toyota has not released new sales and production targets for the current financial year.