Following a record year which saw Japanese automotive giant Toyota sell more than 11.2 million vehicles worldwide, the company has announced plans to back off the throttle in 2024 – raising questions about its already lengthy wait times for popular models.
In 2023, the Toyota Motor Corporation (TMC) – which includes the core Toyota brand, its luxury Lexus division, the Daihatsu small-car arm and Hino trucks – set a new global vehicle sales record and became the world’s…
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