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Toyota’s global output climbs 23 percent year-on-year in October

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– Toyota Motor Corp. reported Tuesday that both its global production and international sales increased in October from a year earlier, due to lessening negative effects related to the COVID-19 pandemic.

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The Aichi-based automaker said its global production rose 23 percent, while worldwide sales rose 22.8 percent from a year earlier in the reporting period.

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Toyota said its global production and sales figures topped those of last year for the third month in a row, with production in October reaching 771,382 units while sales reached 832,373 vehicles.

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The maker of the popular Prius hybrid and Corolla sedan models said production in Japan increased 33.7 percent from a year earlier to 203,149 vehicles, while 568,233 units were produced abroad, an increase of 19 percent. 5 percent.

Toyota’s production in China and North America rose 18.4 percent and 16.2 percent, respectively, the automaker said.

Overall domestic sales rose 34.3 percent, while overseas sales rose 21.2 percent, Toyota said, with both overseas sales and production reaching record levels in October.

Japan’s top automaker said, however, that due to a global chip crisis, it has lowered its global production target from 9.7 million to 9.2 million vehicles for fiscal 2022. ■

(Xinhua)

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