TOKYO – Toyota Motor Corp. announced on Monday that it achieved record global vehicle sales in fiscal 2025, supported by strong hybrid demand, especially in North America, despite the impact of higher U.S. tariffs introduced under President Donald Trump.
The automaker sold about 10.47 million vehicles worldwide, up 2.0 percent from the previous year, marking its first sales increase in two years.
Overall, eight major Japanese automakers saw combined global sales fall 1.3 percent to 24.34 million units for the fiscal year ending March. While Toyota, Suzuki, and Daihatsu posted gains, Honda, Nissan, Mazda, Subaru, and Mitsubishi experienced declines.
Toyota’s North American sales jumped 7.2 percent, driven by strong demand for hybrid versions of the Camry and Corolla.
Suzuki grew 2.4 percent globally, helped by solid demand in India. Daihatsu sales rose 7.8 percent, recovering after the success of a new model launched last June following its certification scandal in 2023.
Honda’s sales dropped 8.6 percent due to increased competition in China, while Nissan fell 4.2 percent amid weaker sales in Japan and the U.S.
Total production among the eight companies rose slightly by 0.2 percent to 24.22 million units. However, March sales alone declined 6.9 percent year on year to 2.22 million units.
IA/XF
