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Automobiles

Toyota breaks Chinese sales record despite chip crunch

Hybrids make up 25% of automaker's sales in world's largest market

Visitors check a Toyota BZ4X Concept electric vehicle during its world premiere on a media day for the Auto Shanghai show in Shanghai in April 2021.    © Reuters

GUANGZHOU -- Toyota Motor notched a new all-time high in Chinese auto sales in 2021, the Japanese automaker said on Friday, further underscoring how it successfully weathered the global chip shortage while many competitors were forced to cut production.

Toyota's new vehicle sales in China grew 8.2% to 1.94 million units. The sales volume has grown for nine consecutive years.

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