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Vehicle sales of the Japanese company Toyota increased in August 2023

Vehicle production and sales of Japan-based company Toyota increased in August 2023.

Vehicle sales of the Japanese company Toyota increased in August 2023

Japanese company Toyota Motor Corp. reported that its global production in August 2023 increased by 4% year-on-year and was approximately 800,000 vehicles.

Sales increased by 9% on an annual basis and were recorded as 853,000 vehicles.

Among these sales, sales in Japan were up 45% year-on-year and sales in South Korea were up 63% year-on-year. Toyota stated that it plans to produce 150,000, 190,000 and 600,000 electric vehicles in 2023, 2024 and 2025, respectively.

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