Toyota Sales Data, Trends & Analysis for the Chinese Automotive Market
China auto sales statistics for Toyota only include the models that are locally produced in China through the FAW-Toyota and GAC-Toyota Joint Ventures with local manufacturing partners First Auto Works and Guangzhou Automobile Group Co., and excludes import models. GAC builds the Camry (incl. Hybrid), C-HR, E’Z, Highlander, Levin (incl. Hybrid), Yaris L sedan and Yaris L hatchback for Toyota. FAW builds the Corolla, Corolla EX, Crown, Izoa, Land Cruiser (200), Prado, Prius, RAV4, Reiz, Vios sedan and Vios FS hatchback for the Japanese brand.
Toyota China Sales Figures & Recent Highlights
Toyota, the renowned Japanese automaker, has a significant presence in the Chinese market. As the world’s largest automotive market, China plays a critical role in Toyota’s global strategy. Toyota entered the Chinese market in the early 2000s. The company recognized the growing potential of China as a major automotive hub and sought to establish a strong foothold.
As is common for foreign automakers in China, Toyota established joint ventures to navigate regulatory requirements and gain local expertise. Established in 2002, FAW-Toyota is a joint venture with First Automotive Works (FAW), one of China’s largest auto groups. The partnership produces various Toyota models tailored for the Chinese market, including the Corolla, Crown, and RAV4, among others. Another significant joint venture established in 2004 with Guangzhou Automobile Group Co., Ltd. (GAC). This JV also produces several models for the Chinese market, such as the Camry, Highlander, and Yaris.
Toyota offers a wide range of vehicles in China, from sedans like the Corolla and Camry to SUVs like the Highlander and RAV4. The brand also introduced China-specific models and versions to cater to local tastes and preferences. Toyota has also worked on introducing its luxury brand, Lexus, to the Chinese market, where demand for premium vehicles has been growing. Toyota has announced plans to introduce a series of electric vehicles tailored for the Chinese market and expand its hybrid lineup, leveraging its strong hybrid technology background.
Toyota has seen growth in its sales in China over the years, thanks to its reputation for reliability and the introduction of models that resonate with Chinese consumers. The brand’s sales figures are often bolstered by the performance of key models like the Corolla, Camry, and RAV4.
Toyota Annual Sales, Growth and Market Share in China
Below we have a table that shows total Toyota sales volumes for the Chinese automotive market, broken out by year. This data captures all Toyota vehicle sales for the entire Chinese automotive market.
Year | Sales | YOY Change | Marketshare | Marketshare Change |
---|---|---|---|---|
1991 | 22,838 | 0.00 | 100.00 | 0.00 |
1992 | 36,513 | 59.88 | 100.00 | 0.00 |
1993 | 24,466 | -32.99 | 100.00 | 0.00 |
1994 | 10,390 | -57.53 | 100.00 | 0.00 |
1995 | 5,656 | -45.56 | 100.00 | 0.00 |
1996 | 6,069 | 7.30 | 4.60 | -2,075.50 |
1997 | 2,762 | -54.49 | 0.49 | -841.99 |
1998 | 194 | -92.98 | 0.03 | -1,362.74 |
1999 | 10,490 | 5,307.22 | 1.53 | 97.82 |
2000 | 48,876 | 365.93 | 6.53 | 76.53 |
2001 | 129,163 | 164.27 | 15.56 | 58.05 |
2002 | 141,119 | 9.26 | 12.50 | -24.50 |
2003 | 196,822 | 39.47 | 8.79 | -42.28 |
2004 | 179,442 | -8.83 | 7.13 | -23.21 |
2005 | 218,998 | 22.04 | 6.90 | -3.30 |
2006 | 326,191 | 48.95 | 8.08 | 14.53 |
2007 | 515,254 | 57.96 | 10.18 | 20.67 |
2008 | 587,959 | 14.11 | 11.20 | 9.08 |
2009 | 615,577 | 4.70 | 7.83 | -43.08 |
2010 | 703,781 | 14.33 | 6.82 | -14.68 |
2011 | 673,370 | -4.32 | 6.04 | -13.03 |
2012 | 647,309 | -3.87 | 5.44 | -10.92 |
2013 | 722,720 | 11.65 | 5.04 | -8.00 |
2014 | 913,900 | 26.45 | 5.64 | 10.65 |
2015 | 1,037,726 | 13.55 | 5.61 | -0.63 |
2016 | 1,140,299 | 9.88 | 5.19 | -7.98 |
2017 | 1,208,771 | 6.00 | 5.27 | 1.44 |
2018 | 1,393,302 | 15.27 | 6.30 | 16.40 |
2019 | 1,521,575 | 9.21 | 7.53 | 16.33 |
2020 | 1,628,952 | 7.06 | 8.72 | 13.63 |
2021 | 1,807,545 | 10.96 | 8.94 | 2.50 |
2022 | 1,563,599 | -13.50 | 7.56 | -18.27 |
Toyota China Annual Sales Units & Growth Chart
Below is a visual representation of Toyota Chinese sales units over time. We have both the Toyota sales units and the market share in the Chinese market. Click on the items in the legend to see each series by itself.
Toyota China Growth Rate & Market Share Chart
Below is the annual growth rate for the Toyota brand in China, shown against the Toyota’s marketshare changes in China. This gives you a good look into how Toyota has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling Toyota Cars & SUVs in China
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