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Toyota worldwide sales reached over 11 million vehicles and $275 billion in revenue in 2023.
Automotive revenue was up 7% for Toyota worldwide, and profit was up 35% due to stable cost of manufacturing. Like many automakers based in Japan, Toyota discloses revenue on a fiscal year dated from April through March. For improved readability we disclose the year ending March 31st 2024 as year 2023 sales. Japanese Yen are converted to US Dollars for this report based on the exchange rate at the end of each fiscal year. The profit displayed is gross profit after the cost of materials is subtracted, but before administrative fees. |
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2023 Toyota SalesToyota was #1 worldwide by sales volume in 2023, and the only automaker to sell over 10 million units.
Toyota and its luxury brand Lexus are well positioned to transfer into a carbon neutral leaders in emerging EV markets. |
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