Recently, Toyota officially released its production, sales and export data for the whole year of 2021. According to the data, Toyota Group will sell 10.5 million vehicles worldwide in 2021, an increase of 10% over the previous year. It is worth mentioning that Toyota's old rival Volkswagen Group will only sell 8.882 million vehicles globally in 2021.
Toyota's victory is inseparable from its advantages in the supply chain, in the context of global core shortage, Toyota bucked the trend and minimized the impact of the lack of cores, enabling it to maintain an expansion trend in the automotive market. However, the largest contributor to Toyota's global sales is the North American market and the Chinese market, toyota in the North American market, sales of 2.6812 million units, an increase of 11%, and the proportion of electric vehicle sales increased from 16% in 2020 to 25%. In the Chinese market, Toyota sold 1.944 million units in 2021, an increase of 8%; the proportion of electric vehicles increased from 18% in 2020 to 26%.
I have to say that as a representative of traditional automobile companies, Toyota's strength is indeed very strong, and under the influence of global core shortage, it can still set a new high in sales in the US market and the Chinese market, which is indeed admirable. It is foreseeable that for a long time in the future, Toyota will appear in people's sights as the hegemon of the global automobile market.
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