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Automobiles

Toyota defends title as world's top-selling automaker in 2022

Record overseas sales helped offset dip in home market

Strong demand in Asia and an increase in production capacity and optimization in the region and North America helped the Japanese automaker boost global production by 5%.   © Reuters

TOKYO (Reuters) -- Toyota Motor sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world's top-selling automaker for a third straight year.

Global sales for the group, including truck unit Hino Motors and small-car maker Daihatsu, inched down 0.1% as record overseas sales of 8.6 million vehicles helped offset a 9.6% dip in its home market to 1.9 million.

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