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Toyota’s September output grows for fourth stright month, aided by strong US demand

by Sarkiya Ranen
in Technology
Toyota’s September output grows for fourth stright month, aided by strong US demand
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[TOKYO] Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month, as both sales and output increased in the US, the Japanese automaker’s top market.

Toyota’s global output for September grew 11 per cent from a year earlier to 918,146 vehicles. Production for the month in the US rose 29 per cent due to robust demand for hybrids and a recovery from last year’s production suspension of two models.

The world’s largest automaker said production in Japan increased 9 per cent and in China, it rose 16 per cent.

Global sales rose for the ninth consecutive month in September, advancing 3 per cent to 879,314 vehicles, with US sales up 14 per cent, offsetting a 1 per cent decrease in China and a 5 per cent decline in Japan.

Toyota has sold 7.8 million vehicles during the first nine months of the year, up 5 per cent from a year earlier.

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



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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.

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