Which country buys the most Toyotas?
USA, China, and Japan were the largest single-country markets for Toyota and Lexus cars in 2023. In full year 2024, Toyota was the largest car producer and best-selling car brand in Japan despite lower sales in a weak new vehicle market. January to December): Toyota remained the best-selling vehicle manufacturer and largest car brand in Japan despite underperforming in a very weak market.Yes, the Lexus brand is owned by the Toyota Motor Corporation, which is headquartered in Japan. In many ways, however, the luxury vehicle brand operates independently from the Toyota Motor Corporation.Toyota’s high production costs, particularly in Japan, where labor costs are high, can be a significant weakness. These high costs can make it difficult for Toyota to compete on price with companies that have lower production costs.Toyota’s journey began in Japan, which remains the core hub of its manufacturing. Many of Toyota’s flagship models, including parts of the Lexus luxury line, are manufactured in various facilities across Japan.
What is Toyota’s biggest seller?
The top selling Toyotas are the Toyota Tacoma, Corolla, Highlander, Camry, and the RAV4. Two cars, two SUVs, and a pickup have placed highly on both Toyota’s own list of top selling vehicles, as well as the overall list of vehicles sold in North America in 2022. Toyota’s top car model, the Corolla, is officially the best-selling car in the world, with more than 49 million sold worldwide since it made its debut in 1966.Toyota. In the field of best manufacturing cars, Toyota is holding up first place for a long time. This company has been manufacturing cars for over 80 years & right now it’s considered the best selling car company in the world.The Toyota Corolla has quite a few accolades under its belt. It’s been around for decades, first entering the automotive market way back in 1966 and selling strong ever since.USA, China, and Japan were the largest single-country markets for Toyota and Lexus cars in 2023. The most popular Toyota car models worldwide were the RAV4 and Corolla, which were the second- and third-best-selling car models in the world in 2023.
Where is Toyota’s biggest market?
In full-year 2024, Toyota and Lexus sales worldwide were lower with the USA, China, and Japan being the largest global single-country car markets. Toyota brand and Lexus sales were similarly 1. Japan increased to a record 8. Daihatsu sales were sharply down, while Hino sales were also weaker. The largest country markets for Toyota cars were again the USA, China, and Japan.Despite its challenges in its domestic market, Japan remained Toyota Motor’s largest market, accounting for nearly half of Toyota Motor’s revenue in its 2025 financial year. Vehicle sales in Japan also only marginally decreased during that year, contrasting with a larger dip in North American sales.Toyota Eats Tariff Costs, Not Car Buyers The company looks to a sharp decline in operating income through next spring, seeing its operating income fall from 4. T Yen (Q1 2024 to Q1 2025) to 3. T Yen (to Q1 2026).
What is Toyota’s global market share?
In this article we report on the global ranking of car manufacturers considered as a group, aggregating sales done for each brand owned by the same group. Looking at YTD data up to August 2025, the leader was Toyota Group with a 12. It gained 7. Asia and 4. America. Toyota Motor Corp. Lexus and Toyota.Toyota, however, overtook GM as the best-selling automaker in the United States in 2021, marking the first time a non-American automaker has led US auto sales for a full year.Toyota competitors include Chrysler, Honda, Volkswagen, Chevrolet and Ford Motor Company.Toyota Motor Corporation (Japanese: トヨタ自動車株式会社, Hepburn: Toyota Jidōsha kabushikigaisha; IPA: [toꜜjota], English: /tɔɪˈjoʊtə/, commonly known as simply Toyota) is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan.
Who is the largest Toyota dealer in the world?
Penske Motor Group’s flagship dealership is Longo Toyota in El Monte, California, the largest car dealership in the world at over 50 acres (200,000 m2). The World’s Largest Toyota Dealership. Located in El Monte, CA. Longo Toyota was founded in 1967 by Dominic Longo in a small storefront in the City of El Monte. With a total of five employees, the team worked diligently to achieve success.Longo Toyota serves as the #1 volume Toyota dealership in the U. S. A. Spanning over 50 acres in its El Monte campus, Longo is also the largest Toyota dealership in the world.The Beginnings of Longo Toyota In its first year of operation, Longo Toyota became the #1 volume Toyota dealership in the nation by selling 469 new and used vehicles.