Saturday, February 15, 2025
Toyota

Toyota estimates its sales growth in Europe between 2022 and 2025

Toyota has revised its European sales estimates and announced a target of 1.2 million units in 2022. Sales are expected to increase to 1.5 million cars in 2025.

Matthew Harrison, head of the Toyota Europe division, is optimistic about the Japanese manufacturer’s performance on the Old Continent in the coming years.

In an interview with Automotive News Europe, Harrison says that despite the semiconductor crisis and the pandemic, Toyota will reach its sales target of 1.1 million cars in 2021.

In the first 6 months of the year, Toyota sold about 600,000 units in Europe, an increase of 6.6% in the second quarter.

“Demand is strong and we are in a much more favorable position than we expected at the beginning of the year. That way, we’ve updated our sales estimates, “said Harrison.

The Toyota official points out that the launches of new models, such as the Yaris Cross, as well as the performance of the current models in the range, will help the company increase its medium and long-term sales in Europe.

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