Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it will acquire MCT Automotive Group Pty Ltd (“MCT”), a company engaged in the used car purchasing and sales business in Australia, through its local subsidiary Toyota Tsusho (Australasia) Pty. Ltd. on February 2, 2026.
Australia has a high rate of car ownership, and demand in the used car market in particular is expected to continue growing steadily, supported by ongoing population growth.
