Japan's Toyota posts 22.6% rise in global vehicle sales

28 January 2013 07:19  [Source: ICIS news]

SINGAPORE (ICIS)--Toyota Motor Corp posted a 22.6% year-on-year increase in global vehicle sales to a record 9.75m in 2012, the Japanese automaker said on Monday.

The result makes Toyota the world’s top selling automaker last year, beating General Motors and Volkswagen, according to media reports.

The company’s global production of vehicles totalled 9.91m in 2012, up by 26.1% from 2011, it said in a statement.

Its vehicle sales outside of Japan rose by 19% year on year to 7.34m in 2012, the company added.

The company’s sales in 2011 were curtailed by natural disasters in Thailand and Japan which crippled production at its plants.

The automobile industry comprises one of the major segments for chemicals such as acrylonitrile-butadiene-styrene (ABS), styrene butadiene rubber (SBR), nylon 6,6, polycarbonate (PC) and several synthetic fibres and paints and coatings.

Author: Suratman Luqman

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