TOYOTA VIETNAM ACHIEVE IMPRESSIVE RESULTS IN 2020

Hanoi, Jan 12th 2021, Toyota Motor Vietnam officially announced the company achievement and outstanding activities in 2020. Despite facing difficulties and challenges caused by the Covid-19 pandemic, Toyota Vietnam has made effort and achieved impressive results thanks to Trust and Love from customers, contributing to the development of Vietnam automobile industry.

In production, Toyota Vietnam lined off 43,243 units, bringing the accumulate number to 574,092 units. In sales volume reached 72,136 units and recorded continuous high growth in the last months of the year, with cumulative sales to 695,424 units.

In term of service, Toyota Vietnam recorded total over 1.15 million service units at dealers, bringing the total number of vehicles using Toyota genuine services up to 13.4 million. In addition,  a series of customer care programs are implemented to support customers against the impact of the Covid-19 epidemic.

In 2020, Toyota Vietnam contributed to the state budget over 900 million USD and is honored to be one of 30 enterprises selected to be honored by the General Department of Taxation at Typical Taxpayer Honoring Ceremony 2020

Toyota Vietnam was honored at Typical Taxpayer Honoring Ceremony 2020

 

I. Business result

Item

Unit

2020

Accumulation

Business result

Production

Unit

43,243

574,092

Sales volume

Unit

72,136

695,424

Service unit

Mil units

1.15

13.4

Dealer nationwide

Dealer/ Branch

(2 provinces/city)

68

Export

Mil USD

51.2

651

Investment / Contribution

Investment

Mil USD

~23

249

Contribution to state budget

Mil USD

~900

9.940

Localization

Supplier

12
<2 Vietnamese supplier>

46
<6 Vietnamese supplier>

Localized components

324

724

 

II. Outstanding activities

1. Effort for providing “Ever better car”

2020 witnesses our transformation to introduce a new product generation, bringing a new era of technology when continuously launching up to 10 all new and upgraded products with outstanding improvements in safety and performance with major design changes. In particular, Toyota introduced the Corolla Cross for the first time endorsed with 3 outstanding technologies including Eco-friendly Toyota Hybrid system with self-charging electric technology, World-class Toyota Safety Sense and Toyota New Global Architecture - TNGA

With those continuous efforts, Toyota models have received the trust and love of customers. Specifically, Vios continues to lead the market with cumulative sales of about 180,000 vehicles. The Corolla Cross also quickly appeared in the list of 10 best-selling cars in the market. Models Fortuner, Hilux, Rush, Camry, ... witnessed spectacular growth, especially in the last months of the year.

Toyota Vios

Toyota Fortuner

Toyota Corolla Cross

 

No

Model

2020

Accumulation

Remark

1

Vios

30,251

184,696

 

2

Fortuner

8,512

102,575

 

3

Corolla Cross

5,916

5,916

Sales figure in 4 months

4

Innova

5,423

142,759

 

5

Camry

5,406

65,734

 

6

Rush

4,241

7,981

 

7

Hilux

2,642

19,422

 

 

 

2. Effort for “Ever better society”

In addition to the business activities, Toyota Vietnam always strives to deploy and implement many meaningful activities of great society concern such as Traffic Safety, Environment... Especially in 2020, Toyota Vietnam join hands with the Government and the country overcome Covid-19 pandemic and support Vietnamese people in the central region  affected by floods.

In Environment, in addition to annual activities with the goal of becoming a "Green Enterprise", Toyota Vietnam has decreased 1,077 ton CO2, saved approximately 126.000 liter of diesel oil and 1.88  million Kw electric. Especially, 100% suppliers and 86% Toyota's dealers have successfully applied environmental management system and obtained ISO14001 certification, and applying Eco Dealership evaluation system at dealers. In addition, Toyota Vietnam implements the continuous automatic wastewater monitoring station which is expected to connect with the Department of Natural Resources and Environment of Vinh Phuc in June 2021.

These achievements wiil be the firm foundation and motivation to conquer further suscess in 2021. Currently, at Toyota we are on the way to transform from a “car manufacturer” to a “mobility company” in order to bring comprehensive solutions to customers. Therefore, not only making ever better cars and services towards customer’s peace of mind and sastify, Toyota Vietnam continue to go along with Vietnamese for the sustainable development of the country as well as the prosperity of the Vietnamese people.