Toyota Reaches Global Production of 300 Million Vehicles

Published on November 6, 2023 in News by Guillaume Rivard

Toyota, which regained the global sales crown two years ago, can now brag about another impressive feat: it has now reached a cumulative global production total of 300 million vehicles.

While announced just today, the milestone was actually achieved in September. This includes 180.52 million vehicles produced domestically, and another 119.6 million produced overseas, including in Canada.

The Japanese automaker’s first production vehicle—back when it operated under the name of Toyoda Automatic Loom Works, Ltd.—was the G1 pickup in 1935. The picture below shows a replica found inside Toyota’s museum, where our colleague Gabriel Gélinas spent a whole lot of time following the recent Japan Mobility Show (catch his mega photo gallery by clicking on the link).

Photo: Wikipedia

Obviously, the Corolla accounts for the largest share of Toyota’s all-time production. Initially introduced in 1966 and later sold in multiple body styles, the popular compact car has now topped 53.3 million units.

Last year, Toyota sold approximately 10.45 million vehicles around the globe, putting it well in front of Volkswagen. The Corolla was the best-selling model overall with 1.12 million units, followed by the RAV4 crossover with 871,000 units, according to sales stats from 162 countries compiled by Focus2Move.

Photo: Toyota

Electric vehicles currently represent only a tiny fraction of Toyota’s volume, but that will likely change in the coming years. In late September, the company unveiled a next-generation assembly line for EVs in Japan, with gigacasting, a modular structure and more high-tech systems, looking to significantly reduce the number of parts required and accelerate production.

According to the Nikkei newspaper, Toyota has informed its major suppliers that it now intends to build 600,000 EVs in 2025, or more than triple the 190,000 units that are planned for next year.

Watch: 2023 Toyota Prius Prime Review

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