Toyota cements itself as world's best-selling car brand for 3rd year running; .ToyotaMotorPH is one of their largest markets in Asia-Pacific too. Toyota ToyotaMotorPhilippines PHLAutoIndustry CarGuidePH
Toyota has successfully defended its title as the world’s top-selling automaker for the third straight year. In 2022, sales in the group which includes Daihatsu and Hino, reached 10.5 million units.
In the Asia-Pacific region, China is Toyota’s largest market with full calendar sales reaching 1.94 million vehicles in 2022 . In second is Indonesia with 330,498 , and in third is Thailand with 288,810 . The Philippines ranks fourth with 174,106. While some chip-related supply constraints remained for Toyota as well, the automaker said strong demand in Asia and an increase in the production capacity and optimization in Asia and North America helped it boost global production by 5 percent in 2022.
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