H. Yoo
Research expert covering South Korea
Auto suppliers in Japan - statistics & facts
Toyota was the best-selling car manufacturer in the world in 2023. The company was on track to repeat this result in 2024 by selling more than 10 million vehicles globally, many of which were produced domestically. Japan's automobile industry boasts numerous world-renowned vehicle manufacturers, which have found domestic and international success, such as Honda or Nissan, making the automobile sector crucial to Japan's economy. While automobile manufacturers, such as the above-mentioned companies, are representative of the automobile sector in Japan, they do not comprise the largest segment of the industry.
