For the first time in five years, Toyota Motor Corp group ranked top for global car sales in 2020, on a rapid rise in sales in China and the United States, surpassing Germany's Volkswagen AG.

 


 

Toyota said it sold 9.53 million units worldwide last year, including those sold by its group's Daihatsu Motor Co. and truck manufacturer Hino Motors Ltd., 11.3 percent down overall from a year earlier. That compares with 9.31 million from VW, down 15.2% from a year earlier.

The Japanese auto giant experienced less impact than other carmakers from the current coronavirus pandemic.

Global annual sales of Toyota reported their first decline in five years, after falling sharply in the April to June quarter due to the pandemic's global economic impacts.

Nevertheless, they recovered from the fall in its key markets such as China and the United States,

A Toyota official said that compared to other automakers, the company's aggressive sales strategy led to reasonably solid sales in 2020.“Our sales dropped from a year earlier amid the pandemic, but the decline was limited to around a 10% level,” the official said.

According to the European Automobile Manufacturers Association, VW has a large presence in the European Union, where passenger car sales dropped by a 'unprecedented' 24 percent to less than 10 million units in 2020.

On the other hand, Toyota has a greater presence in the U.S., where overall car sales dropped in 2020 by just 15 percent. Global sales of the Japanese automaker were down 11 percent . Although the U.S. has the most deaths and cases from COVID-19, there have not been the same lockdowns as in Europe.

Since 2015, VW has outsold Toyota every year prior to 2020. But, according to analysts, the performance of the two firms last year may be reflective of a longer-term pattern.

Toyota will continue to enjoy good sales in its core Japan and U.S. markets, analyst Yoshiaki Kawano said. It should "put up a good fight" in China, the world's largest car market, by bringing out more EVs and SUVs in line with local demand, he said.

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Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announced today that they have decided to establish Prime Planet Energy & Solutions, Inc., a joint venture specializing in automotive prismatic batteries. This decision comes just over a year since the two companies announced on January 22, 2019, that they had concluded a business integration contract and a joint-venture contract toward the establishment of a new company. Toyota and Panasonic have also decided on the outline of the joint venture.

Batteries―as solutions for providing energy for automobiles and various other forms of mobility, and as solutions for various kinds of environmental issues are expected to fulfill a central role in society going forward a role that supports people's lives.

The joint venture announced by Toyota and Panasonic will develop highly competitive, cost-effective batteries that are safe and feature excellent quality and performance (in terms of capacity, output, durability, etc.), enabling use with peace of mind by all customers. Furthermore, the Toyota and Panasonic joint venture will supply batteries not only to Toyota but also, broadly and stably, to all customers.

The joint venture's name embraces Toyota's and Panasonic's strong determination to provide their customers while working in unison with many friends to keep our irreplaceable earth-abundant and clean―broad-ranging, added-value solutions including and beyond the supply of energy in the form of batteries.

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Toyota announces that its new compact SUV, the Yaris Cross, originally planned to be revealed at the 2020 Geneva Motor Show, has made its world debut. As a new SUV that inherits the qualities of the brand's flagship compact car, Yaris, Yaris Cross will be launched in Japan in Autumn this year, and in Europe mid- 2021.

The new Toyota Yaris Cross was a goal to develop a vehicle that can help redefine what an urban-type compact SUV.

By adopting the all-new hybrid system and the TNGA platform (GA-B) for compact cars, the "Yaris Cross" offers a higher dimension of basic and environmental performance. Also, the vehicle achieves an easy-to-handle body size while providing SUV-like interior comfort and luggage room.

The exterior design, though simple, expresses the robustness of an SUV. The interior design is also shaped to give it a feeling of higher quality and comfort.

The Yaris Cross will offer an AWD layout coupled to a hybrid powertrain consisting of a three-cylinder 1.5-liter gasoline engine working together with an electric motor. The combustion engine has a thermal efficiency of up to 40 per cent and can power the vehicle alone in front-wheel-drive mode. Once the sensors detect poor grip conditions, the AWD system kicks in and helps the driver tackle the rain, snow, or even sand.

Toyota Yaris Cross specifications

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