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Toyota beats annual production target of 9.1 million vehicles

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Global sales for the 12 months ended March rose to 9.61 million vehicles from 9.51 million in the prior year, setting another annual record for the company.

The company did not release new sales or production targets for the current business year that started in April.

It disclosed it has so far sold 17,473 full-electric vehicles worldwide, including those of its luxury Lexus brand, for the first three months of 2023.

That compared with 24,466 EVs sold by Toyota worldwide for the whole of 2022.

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