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