• About
  • Advertise
  • Contact
Sunday, November 30, 2025
  • Login
No Result
View All Result
NEWSLETTER
The NY Journals
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
No Result
View All Result
The NY Journals
No Result
View All Result
Home Technology

Toyota’s October output grows for fifth straight month on strong US demand

by Sarkiya Ranen
in Technology
Toyota’s October output grows for fifth straight month on strong US demand
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


[TOKYO] Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong US demand for hybrid vehicles that offset weaker sales in Japan and China.

Global output climbed 4 per cent to 926,987 cars from a year earlier, while worldwide sales advanced 2 per cent to 922,087 vehicles, marking a tenth consecutive monthly gain, according to data released by the Japanese automaker.

In the United States, Toyota’s top market, production surged 26 per cent for the month, marking its fifth straight double-digit increase as hybrid demand stayed robust and output recovered from last year’s production stoppage of two models.

Output in Japan rose 7 per cent, but sales fell 4 per cent. Toyota did not disclose a reason for the decline.

In China, production slipped 6 per cent and sales dropped 7 per cent, hit by the end of subsidy programmes in some regions.

For the first 10 months of the year, Toyota sold 8.7 million vehicles, with hybrids accounting for 42 per cent of the total and battery electric models making up just under 2 per cent.

SEE ALSO

In Thailand, China’s EV brands such as BYD are replicating strategies from their home market – such as boosting sales through price wars.

The production and sales figures include its luxury Lexus brand. REUTERS

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.



Source link

Tags: DemandGrowsMonthOctoberOutputStraightStrongToyotas
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Next Post
Kourtney Kardashian Makes Harsh Comment About Kim Kardashian’s Law Career and Bar Exam

Kourtney Kardashian Makes Harsh Comment About Kim Kardashian’s Law Career and Bar Exam

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Tencent SDRs fall nearly 7% after US designates tech giant as ‘Chinese military company’

Tencent SDRs fall nearly 7% after US designates tech giant as ‘Chinese military company’

11 months ago
Access Denied

Access Denied

4 months ago

Popular News

    Connect with us

    The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

    Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

    NEWS

    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Real Estate
    Instagram Youtube

    © 2025 The New York Journals. All Rights Reserved.

    • About Us
    • Advertise
    • Contact Us
    No Result
    View All Result
    • Home
    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Trending

    Copyright © 2023 The Nyjournals

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In