Toyota's March overseas sales hit record peak as US buyers rush ahead of tariffs
People look at Toyota Boshoku's MX OASIS concept car during a media day for the Auto Shanghai show in Shanghai, China, on Apr 23, 2025. (Photo: REUTERS/Go Nakamura)
TOKYO: Toyota Motor said on Thursday (Apr 24) that its overseas sales in March touched a record high for the month, fuelled by a surge in North American purchases ahead of US import tariffs that came into effect in early April.
The Japanese automaker sold 814,105 vehicles outside its home market in March, a 6.7 per cent increase from year-ago levels. The company's sales in North America climbed 6.8 per cent on strong demand and potential tariff effects.
Toyota reported a 9.1 per cent year-on-year increase in global production for March, marking the third consecutive monthly rise, with output reaching 880,476 vehicles.
The figures include production and sales from its luxury Lexus brand.