TOKYO: On Monday, Toyota Motor disclosed that its global production in September experienced a 1.5% increase compared to the same period in the previous year, reaching a total of 900,919 vehicles.
This growth was predominantly driven by heightened demand in Japan, the United States, and Europe.
The company’s domestic production, which constituted slightly more than a third of the total vehicles produced during the month, exhibited an impressive 12.8% rise from the previous year, effectively compensating for a 3.6% reduction in overseas production.
As the world’s leading automaker in terms of sales, Toyota reported an impressive 11.6% surge in global sales during September, totalling 921,308 vehicles. This exceptional performance marked a historic high for both sales and production during that particular month.
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In the first nine months of the year, Toyota has successfully sold more than 7.5 million vehicles, including those under its luxury Lexus brand. The domestic market experienced a remarkable 20.5% surge in sales in September, while the United States recorded a 14% increase, and European sales demonstrated an 18.1% upswing.
However, the scenario was quite different in some Asian markets as output and sales in Thailand, Indonesia, and Vietnam saw a decline in September due to challenging economic conditions. In contrast, China, the world’s largest auto market, witnessed a nearly 7% reduction in production, even though year-on-year sales in the country showed a slight increase.
