Toyota Hits 300 Million Cars Global Production Milestone
Since its founding in 1935, Toyota Motor Corporation (TMC) has produced 300 million cars worldwide. Here's everything that you need to know about the historic production milestone of this Japanese auto giant.
By Sanorita
Toyota Motor Corporation (TMC) has reached a significant global production benchmark of 300 million cars. The automotive journey of Toyota began in 1935 when the automotive production branch of Toyoda Automatic Loom Works introduced the Model G1 truck. And 88 years and 2 months later – from August 1935 until the end of September 2023 – Toyota reached the incredible milestone of 300 million cars, according to a press release from the Japanese manufacturer.
Furthermore, according to the automaker, out of the 300 million cars produced, 180.52 million units were manufactured in Japan and 119.6 million vehicles were produced abroad. The Toyota Corolla was the best-selling model in the company's lineup, with a combined global output of 53.399 million, including the September 2023 figures. Let's take a closer look at other details and developments of the carmaker.
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Toyota's Global Production Milestone: Corolla Shines as the Best-Seller
Since its introduction in 1966, the Toyota Corolla has had several improvements and changes, which, according to reports, have increased its popularity and solidified its place in the brand's lineup. With 54 million units, the sedan is Toyota’s most-produced vehicle so far.
The company claims that in the face of adversities such as fires, natural disasters, the COVID-19 pandemic, and chip shortages, the brand has managed to improve and change for the good. Its loyal employees and clientele are the reasons it has managed to persevere amid all kinds of challenges.
Toyota's Global Production Milestone: What the Company Has to Say?
Mr Koji Sato, the company’s President, said, ‘I believe that this number of 300 million units could only have been achieved with the unending effort of colleagues across the company, from part and vehicle planning and design to production, logistics, sales, and service, along with all those working to support each step. All our colleagues have overcome countless challenges. Recent years alone have seen natural disasters like the Great East Japan Earthquake, unpredictable events like fires, or the COVID-19 pandemic, and chip shortages. Every time we faced the danger of being unable to make cars, everyone worked together to restore or adapt production.’
He further added, ‘In the future, we will be sure never to forget all those who have supported us and give our all to making better cars and bringing smiles to customers' faces.’
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Toyota India October 2023 Sales
Toyota India supplied 21,879 vehicles in October 2023, compared to 13,143 units sold in the same month last year, which was an exceptional year-over-year rise of 66%. The company sent 1,337 units overseas and sold 20,542 units domestically. Furthermore, throughout the first seven months of 2023, the company sold around 1,45,818 units, representing a 39% increase over the 1,04,986 units delivered during the same period the previous year.
