The Japanese car manufacturer Toyota spent 1.39 billion U.S. dollars on advertising in U.S. media in 2020. The company made it to the list of top five auto manufacturers based on advertising spending that year, second only to General Motors and ahead of Ford Motor.
Toyota Motor operational highlights
In 2018, Toyota launched Toyota New Global Architecture (TNGA) to build vehicles on common platforms with common parts. They aimed for flexible manufacturing plants to be responsive to changes in the marketplace. So far, the company has applied TNGA to full-sized models, announcing the Camry and the Lexus LC and LS in 2017, and the Crown and Corolla Sport in 2018. In that same year, Toyota produced a total of 8.96 million vehicles. Toyota is one of the leaders in terms of global car unit sales. What is more, despite the fact that the Japan-headquartered automotive giant faced competition in terms of sales from Germany’s Volkwagen Group and Renault-Nissan-Mitsubishi, it still managed to outsell both companies, by more than million units in early 2021.
Toyota Motor Corporation's advertising spending in the United States from 2007 to 2020
(in billion U.S. dollars)
The figures include measured-media advertising spending and unmeasured spending. Measured media is based on spending in 19 media: consumer magazines, Sunday magazines, local magazines, business-to-business magazines, local newspapers, national newspapers, free-standing inserts, broadcast network TV, broadcast spot TV, national syndicated TV, network cable TV, network radio, national spot radio, local radio, Spanish-language media (magazines, newspapers, TV networks), outdoor and internet (display advertising; excludes paid search, video and other forms of internet advertising). Unmeasured spending figures are estimates including direct marketing, promotion, internet paid search, social media and other forms of spending not included in the 19 measured media.
Figures have been rounded.
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Advertising Age. (July 12, 2021). Toyota Motor Corporation's advertising spending in the United States from 2007 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 24, 2022, from https://www.statista.com/statistics/261539/toyotas-advertising-spending-in-the-us/
Advertising Age. "Toyota Motor Corporation's advertising spending in the United States from 2007 to 2020 (in billion U.S. dollars)." Chart. July 12, 2021. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/261539/toyotas-advertising-spending-in-the-us/
Advertising Age. (2021). Toyota Motor Corporation's advertising spending in the United States from 2007 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 24, 2022. https://www.statista.com/statistics/261539/toyotas-advertising-spending-in-the-us/
Advertising Age. "Toyota Motor Corporation's Advertising Spending in The United States from 2007 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Jul 2021, https://www.statista.com/statistics/261539/toyotas-advertising-spending-in-the-us/
Advertising Age, Toyota Motor Corporation's advertising spending in the United States from 2007 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/261539/toyotas-advertising-spending-in-the-us/ (last visited May 24, 2022)
