Toyota breaks Chinese sales record despite chip crunch

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

20220107NY SHANGHAI TOYOTA

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

TAKASHI KAWAKAMI, Nikkei staff writer

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.