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Toyota Apologises For Scandals As Vehicle Sales Set New Global Record

Toyota Apologises For Scandals As Vehicle Sales Set New Global Record

NDTV
Tuesday, January 30, 2024 10:30:19 AM UTC

The bumper figure -- an industry record -- sees Toyota retain its position as the world's top-selling automaker for the fourth successive year.

Toyota's chairman said Tuesday he was "ashamed" of recent scandals involving subsidiaries of the Japanese auto giant, as the firm announced record vehicle sales of 11.2 million across its brands last year.

The bumper figure -- an industry record -- sees Toyota retain its position as the world's top-selling automaker for the fourth successive year, thanks to a recovery in demand and easing chip shortages.

Taking only the Toyota and Lexus brands, global volume sales totalled 10.3 million units, but growth fell for Daihatsu, which builds mini-vehicles and is embroiled in a rigged safety test scandal.

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