FAW Toyota: Sales volume increased by 6% in the first half of 2023

According to the latest released data, FAW Toyota's sales performance in the Chinese market continues to remain strong in the first half of 2023. FAW Toyota's sales in the first half of this year reached 373,195 new vehicles, a year-on-year increase of 6%. This increase exceeded the overall market growth rate of 3.3%. This data reveals that the rumored view that Japanese cars are declining in the Chinese market is not accurate.

It is understood that mid-to-high-end models under the TNGA-K platform, represented by Asia Dragon, Grivia, Crown Land Fang, Ling Fang and RAV4 Rong Fang, sold a total of 170,822 units in the first half of the year, accounting for 170,822 units. ratio increased to 46%. Among them, the two star models RAV4 and Corolla sold 70,648 units and 54,039 units respectively, with year-on-year growth of 4% and 140% respectively.

In addition, electrified models also play an important role in FAW Toyota’s sales. In the first half of this year, the cumulative sales of electrified models reached 114,376 units, accounting for 31% of the group's total sales. Sales of smart dual-electric hybrid models with a market share of 26% reached 99,895 units.

#It is worth noting that FAW Toyota recently announced that it will produce the new Prado in China next year. The model is known internally as the "P Model" will be produced at FAW Toyota's Chengdu plant and Asia Dragon on a mixed line. It is revealed that the new Prado will be equipped with a 2.4T engine with a maximum output of 279 horsepower and a peak torque of 430N·m.

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