Toyota Targets 8% Europe Market Share for Light Commercial Vehicles by 2030

MT Newswires Live
6 hours ago

Toyota Motor (TYO:7203) aims to achieve annual light commercial vehicle (LCV) sales of 200,000 units and an 8% market share in Europe by 2030, according to a Monday statement.

The carmaker said its LCV sales in Europe have more than doubled over the past five years, giving it more than 7% market share. It aims to increase sales to over 165,000 units in 2026.

Toyota also plans to expand its hydrogen offerings with the introduction of the Hilux FCEV in 2028.

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