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Toyota’s 2020 Global Sales down 10.5 Percent Year-on-Year

Domestic production maintained at 3-million-unit level thanks to the support of all stakeholders including customers

FWM by FWM
January 29, 2021
in Auto
0

Jan. 28, 2021

Despite the COVID-19 pandemic, which has been spreading since the beginning of 2020, Toyota was able to continue corporate activities through comprehensive implementation of various infection prevention measures, and by working together with partners including suppliers and dealers. In addition to these efforts, Toyota enjoys the support of customers around the world who favor Toyota vehicles, enabling Toyota to limit the decline in sales to just 10.5 percent year-on-year and maintain domestic production at the 3-million-unit level.

Global Sales

  • Global sales in 2020 were down 10.5 percent year-on-year, but sales were up 10.9 percent year-on-year in China.
  • In December, global sales were up 10.3 percent year-on-year, the fourth consecutive monthly increase. The increases have been driven primarily by sales in North America, China, Europe, and Japan.
  • During the October to December quarter, global sales were up 6.8 percent year-on-year, exceeding initial expectations.*
* Initial expectations were that sales would be approximately flat in the October to December quarter and up approximately five percent in the January to March quarter, returning to the previous year’s levels during the period from the end of the year to the beginning of next year.

Global Production

  • Global production in 2020 was down 12.6 percent year-on-year, but production in China was up 9.5 percent year-on-year period.
  • In December, global production was up 14.4 percent year-on-year, the fourth consecutive monthly increase. The increases have been driven primarily by production in North America, Japan, China, and Europe.

Other Topics

  • The global ratio of electrified vehicle sales increased from approximately 20 percent in 2019 to approximately 23 percent in 2020. The increase was driven primarily by sales in Europe, China, and North America.
  • The best-selling Toyota vehicle from January to December was the RAV4, with global sales of 994,000 units (up 2.9 percent year-on-year).
  • This result was due to strong sales in North America, the primary market, as well as in China, which had sales of 175,000 units (up 37.9 percent year-on-year).

Toyota City, Japan, January 28, 2021―Toyota Motor Corporation (TMC) announces its sales, production, and export results for December 2020 as well as the cumulative total from January to December 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.

December 2020

Sales Results

Record high Toyota Daihatsu Hino Record high Total
Worldwide sales ○ 915,774(10.3) 57,365(-2.5) 14,550(-19.1) ○ 987,689(8.9)
Sales inside of Japan
Incl. minivehicles 124,417(11.1) 47,995(18.4) 4,787(-2.3) 177,199(12.6)
Market share 32.7(+0.3) ―  ―  46.6(+1.0)
Excl. minivehicles 121,778(11.1) ―  ―  ― 
Market share 49.9(+1.6) ―  ―  ― 
Sales outside of Japan ○ 791,357(10.2) 9,370(-48.8) 9,763(-25.4) ○ 810,490(8.2)
Toyota
Worldwide sales: Fourth consecutive month of increase;
Sales inside of Japan (incl. minivehicles): Third consecutive month of increase;
Sales outside of Japan: First increase in two months
Consolidated
Worldwide sales: Third consecutive month of increase;
Sales inside of Japan (incl. minivehicles): Third consecutive month of increase;
Sales outside of Japan: First increase in two months

Production Results

Record high Toyota Daihatsu Hino Record high Total
Worldwide production ○ 755,581(14.4) 110,845(-1.7) 12,074(-19.4) ○ 878,500(11.4)
Production inside of Japan 252,698(6.3) 84,110(7.4) 10,147(-10.3) 346,955(6.0)
Production outside of Japan ○ 502,883(18.9) 26,735(-22.4) 1,927(-47.5) ○ 531,545(15.3)
Toyota
Worldwide production: Fourth consecutive month of increase;
Production inside of Japan: Fourth consecutive month of increase;
Production outside of Japan: Fourth consecutive month of increase
Consolidated
Worldwide production: Fourth consecutive month of increase;
Production inside of Japan: Fourth consecutive month of increase;
Production outside of Japan: Fourth consecutive month of increase

Exports Results

Record high Toyota Daihatsu Hino Record high Total
Exports 158,825(2.9) 0(―) 6,217(-3.0) 165,042(2.6)
Toyota
Fourth consecutive month of increase
Consolidated
Third consecutive month of increase
Unit
Vehicles. Figures in ( ) show year-on-year percentage change. Market share: Percentage. Figures in ( ) show year-on-year percentage points.
Worldwide sales
Sales inside of Japan + Sales outside of Japan
Sales inside of Japan
Registrations + Notifications (incl. overseas-manufactured models)
Sales outside of Japan
Definition of “sales” varies by country or region
Worldwide production
Production inside of Japan + Production outside of Japan
Production inside of Japan
Complete vehicle + Kits for overseas assembly (figure as of line-off in Japan)
Production outside of Japan
Vehicles produced outside of Japan, excluding kits from Japan (figure as of line-off on site)
Exports
Exports from Japan to other countries and regions (figure as of time of ship loading)
◎ shows a record high for a single month, and ○ shows a record high for the corresponding month

For January to December 2020

Sales Results

Toyota Daihatsu Hino Total
Worldwide sales 8,692,168(-10.5) 693,977(-17.2) 142,293(-25.1) 9,528,438(-11.3)
Sales inside of Japan
Incl. minivehicles 1,504,221(-6.6) 592,461(-10.1) 60,056(-13.9) 2,156,738(-7.8)
Market share 32.7(+1.7) ― ― 46.9(+1.9)
Excl. minivehicles 1,472,848(-6.4) ― ― ―
Market share 51.1(+3.2) ― ― ―
Sales outside of Japan 7,187,947(-11.3) 101,516(-43.3) 82,237(-31.5) 7,371,700(-12.3)
Toyota
Worldwide sales: First decrease in nine years;
Sales inside of Japan (incl. minivehicles): First decrease in two years;
Sales outside of Japan: First decrease in four years
Consolidated
Worldwide sales: First decrease in five years;
Sales inside of Japan (incl. minivehicles): First decrease in two years;
Sales outside of Japan: First decrease in four years

Production Results

Toyota Daihatsu Hino Total
Worldwide production 7,909,488(-12.6) 1,173,632(-20.4) 130,075(-34.1) 9,213,195(-14.1)
Production inside of Japan 2,922,605(-14.4) 910,686(-4.5) 111,193(-28.6) 3,944,484(-12.8)
Production outside of Japan 4,986,883(-11.5) 262,946(-49.5) 18,882(-54.6) 5,268,711(-15.0)
Toyota
Worldwide production: First decrease in two years;
Production inside of Japan: First decrease in two years;
Production outside of Japan: Third consecutive year of decrease
Consolidated
Worldwide production: First decrease in five years;
Production inside of Japan: First decrease in two years;
Production outside of Japan: Second consecutive year of decrease

Exports Results

Toyota Daihatsu Hino Total
Exports 1,747,827(-16.9) 0(―) 46,494(-43.6) 1,794,321(-17.9)
Toyota
First decrease in four years
Consolidated
First decrease in four years

To view more information on the sales, production, and export results by country and region, including specific details on the reasons for any changes in results, data from the past 10 years of sales, production, and export results, and data concerning electrified vehicle sales and Lexus sales, please download the document titled “Detailed data” from the top of this page.

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This document also includes sales, production, and export results and data concerning electrified vehicles sales and Lexus sales for every month in the past two years.

Tags: Global ProductionSales ResultsToyota Motor Corporation (TMC)
FWM

FWM

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