Toyota's feat took the company 76 years and 11 months. It has been in the car business since August 1935, but it wasn't until 1972 that Toyota managed to produce its first 10 million vehicles – some 36 years that were, of course, interrupted by World War II. In the past four decades, however, Toyota has grown at a tremendous rate, with its next 190 million vehicles taking just 40 years and five months. Toyota's Corolla has been its top seller, accounting for over 39 million units worldwide.
By comparison, when General Motors celebrated its 75th anniversary in 1983, it had already built over 235 million vehicles, according to General Motors: The First 75 Years of Transportation Products by the Editors of Automobile Quarterly Magazine.
Toyota City, Japan, July 24, 2012-Toyota Motor Corporation (TMC) announces that in June its worldwide cumulative vehicle production surpassed 200 million units.
This milestone took 76 years and 11 months to reach, and began with production of the Model G1 truck in August 1935 at Toyoda Automatic Loom Works, Ltd.'s (1) Automotive Department, which was spun off and later became TMC. As of the end of June, cumulative production in Japan (2) totaled 145.21 million vehicles and overseas production totaled 55.12 million vehicles.
Marking the achievement, TMC President Akio Toyoda said: "I wish to express my heartfelt appreciation to our customers the world over who made it possible for us to reach this milestone. I also have the most profound respect and gratitude for the efforts of all persons who were involved in developing, manufacturing, and marketing Toyota and Lexus vehicles over the years. We are determined to make our cars even better, to continue to give our customers the best possible product. This is the common goal of our 300,000 Toyota staff members worldwide."
The most-produced model among Toyota-brand vehicles is the "Corolla", of which the 11th generation was launched in Japan on May 11. Cumulative worldwide Corolla production totaled 39.08 million units as of the end of June.
Toyota Worldwide Cumulative Vehicle Production Milestones
Milestone, Reached, Time since production of first vehicle (Model G1 truck)
10 million units, January 1972, 36 years, 6 months
50 million units, October 1985, 50 years, 3 months
100 million units, January 1997, 61 years, 6 months
150 million units, January 2006, 70 years, 6 months
200 million units, June 2012, 76 years, 11 months
1 Now Toyota Industries Corporation
2 Includes kits for overseas assembly