Copyright FOURIN, Inc. 2023
Toyota Motor’s Recent Production and Sales Results in ASEAN
ASEAN’s share in Toyota Motor's global production and sales volume peaked in 2012 and has been on a downward trend ever since. In 2021, ASEAN accounted for about 10% of Toyota’s global production and sales. Among the five ASEAN countries where Toyota manufactures automobiles, Thailand, where the automaker has an annual production capacity of 770,000 units, accounts for 60% of Toyota’s production in ASEAN. Meanwhile, in terms of sales, Toyota's largest market in ASEAN is Indonesia, accounting for nearly 40% of all sales in the region, followed by Thailand with about 30%.