Toyota’s Output Makes Like a Yo-Yo in October

Matthew Guy
by Matthew Guy

Just about every single automaker on the planet has been plagued by production disruptions and supply chain headaches, leading to lots that were deader than disco on occasion and bereft of product to sell. At Toyota, production numbers are up compared to this time last year – but down from the month prior.

Whilst some outlets may breathlessly and blindly report that Toyota exceeded targets and saw a 23 percent production increase in October this year, it is important to know that percentage is compared to the terrifyingly low numbers of October 2021 when things were very bleak for the Big T. As for exceeding targets, it’s worth noting that said targets are Toyota’s own ambitions, ones which were revised downward prior to the release of today’s numbers.

In October, Toyota built 771,382 vehicles globally, beating its internal estimate of three-quarters of a million units. Drilling a bit further, that number was divided into 203,149 in Japan (up 33.7 percent and 568,233 outside Japan (up 19.5 percent). Subsidiaries Daihatsu and Hino contributed extra units, for those interested in those two brands rarely seen in our country. Even though worldwide production is up for the third consecutive month in terms of year-over-year increase, it was down from the more than 887,000 vehicles produced in September.

Still, the brand is selling every vehicle it can produce. Worldwide sales of Toyota vehicles through the first 10 months of this year total just shy of 8 million units (7,931,178 for all you pedants who like to be exact). This compares with worldwide Toyota production of a hair under 7.5 million units during the same timeframe from New Year’s to Halloween. Automotive News is reporting that Toyota figures they will produce 9.2 million units in total this fiscal year, which ends March 2023 for some ungodly reason. That’s up about a half-mil from last annum.

Here at home, Toyota and Lexus combined sales through the first three quarters of this year are down 15.4 percent, sitting just south of 1.6 million units. It’ll surprise no one the biggest individual seller is the RAV4, finding 303,341 new homes so far in 2022, down from 313,447 same time last year. That model is followed by the Camry and Corolla, then closely by the Highlander. In fact, every single model is off the pace compared to last year, save for the newly introduced Tundra which has added 14.6 percent to its volume in the first 10 months of 2022. 

Statistically speaking, the GR86 is up over 800 percent as well but that’s down to a switchover from the Gen1 to the Gen2 car. We won’t knock it – the GR86 remains one of the most entertaining cars we’ve driven this year.

[Image: Toyota]

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Matthew Guy
Matthew Guy

Matthew buys, sells, fixes, & races cars. As a human index of auto & auction knowledge, he is fond of making money and offering loud opinions.

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  • MaintenanceCosts MaintenanceCosts on Nov 30, 2022

    Still can't get a RAV4 Prime for love or money. Availability of normal hybrid RAV4s and Highlanders is only slightly better. At least around here I think Toyota could sell twice the number of vehicles that they are actually bringing in at the moment.

  • Analoggrotto Analoggrotto on Nov 30, 2022

    Wow, that's crazy high praise for the GR86.

  • 3-On-The-Tree Lou_BCsame here I grew up on 2-stroke dirt bikes had a 1985 Yamaha IT200 2-strokes then a 1977 Suzuki GT750 2-stroke 750 streetike fast forward to 2002 as a young flight school Lieutenant I bought a 2002 suzuki Hayabusa 1300 up in Huntsville Alabama. Still have that bike.
  • Milton Rented one for about a month. Very solid EV. Not as fun as my Polestar, but for a go to family car, solid. Practical EV ownership is only made possible with a home charger.
  • J Love mine, but the steering wheel blocks dashboard a bit, can't see turn signals nor headlights icons. They could use the upper corners of the screen for the turn signals. Mileage is much lower than shown too, disappointing
  • Aja8888 NO!
  • OrpheusSail I once did. My first four cars were American made, and through an odd set of circumstances surrounding a divorce, I wound up with a '95 Nissan Maxima which was fourteen years old and had about 150,000 miles on it.It was drove better, had an amazing engine, and was more reliable than any of my American cars. This included a new '95 GMC pickup that went through five alternators in under two years while the dealership insisted that there was no underlying electrical problem while they tried to run the clock on the warranty.That was the end of 'buy American'. I've bought from Honda and VW since, and I'll consider just about anything except American now.