U.S. markets open in 6 hours 59 minutes
  • S&P Futures

    4,227.00
    +13.75 (+0.33%)
     
  • Dow Futures

    33,186.00
    +61.00 (+0.18%)
     
  • Nasdaq Futures

    14,406.25
    +73.75 (+0.51%)
     
  • Russell 2000 Futures

    1,781.90
    +4.60 (+0.26%)
     
  • Crude Oil

    72.34
    -0.33 (-0.45%)
     
  • Gold

    1,951.40
    -11.70 (-0.60%)
     
  • Silver

    23.14
    -0.23 (-0.96%)
     
  • EUR/USD

    1.0693
    -0.0018 (-0.17%)
     
  • 10-Yr Bond

    3.8100
    0.0000 (0.00%)
     
  • Vix

    17.46
    -0.49 (-2.73%)
     
  • GBP/USD

    1.2337
    -0.0022 (-0.18%)
     
  • USD/JPY

    140.8780
    +0.4970 (+0.35%)
     
  • Bitcoin USD

    27,787.09
    -232.25 (-0.83%)
     
  • CMC Crypto 200

    616.45
    +29.27 (+4.98%)
     
  • FTSE 100

    7,627.20
    +56.33 (+0.74%)
     
  • Nikkei 225

    31,328.16
    +94.62 (+0.30%)
     

Toyota's April global sales rise on stronger demand in Japan, China

Auto Shanghai show in Shanghai
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

TOKYO (Reuters) - Toyota Motor Corp's global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and gasoline-powered cars in Japan and China.

The Japanese automaker also reported better overseas sales of battery electric vehicles (EVs), bringing the total number of battery-powered units it sold in the first four months of the year above last year's level.

Toyota in April sold 800,863 vehicles globally, including its luxury Lexus brand, a 4.9% increase compared to the same month last year when sales suffered heavily from pandemic-induced parts supply shortages.

Sales of hybrids like the new Prius in Japan posted a strong 59.2% year-on-year jump to make up just over half of the 125,326 vehicles sold in the company's home market last month, outpacing a 21.5% rise in its overall domestic car sales.

In China, Toyota saw sales jump 46.3% to 162,554 units in April compared to the same month a year earlier, rebounding from the previous year's pandemic-related hit.

In April, the automaker sold 8,584 battery EVs worldwide, including its Lexus brand, accounting for more than 1% of its global sales in a single month for the first time.

That brought the total number of battery-powered vehicles it sold in January-April to 26,057 units, higher than the 24,466 battery EVs the company sold in 2022.

(Reporting by Daniel Leussink; Editing by Jamie Freed)