FAW Toyota's sales have declined for two consecutive years

FAW Toyota was once known for its steady development, but its sales have declined in the past two years. In 2022, FAW Toyota's sales increased slightly by 0.3% year-on-year to 834,600 vehicles; in 2023, FAW Toyota's sales began to decline, down 4.1% year-on-year; from January to November 2024, FAW Toyota's cumulative sales fell 4.6% year-on-year to 677,500 vehicles.