Production grew by a third in a year
Toyota announced that its vehicle production hit a new record high in May with more than 847,000 vehicles. This is 33.4% more than it was in May last year.
Domestic production in Japan was 248,287 vehicles, up 72.2% year on year. Foreign production amounted to 598,713 vehicles.
In May, Toyota’s global sales reached 838,478 vehicles, up 10.1% year on year. Domestic sales in Japan were 116,954 vehicles, up 35.1% year-over-year. Overseas sales were 721,524 vehicles, up 6.9% year on year. In addition, Toyota Motor exported 141,774 vehicles in May, up 46.7% from a year earlier.
Toyota:The company set a record by dramatically increasing the production of cars
Toyota said production in China fell due to tightening Chinese exhaust emission regulations, but production in North America and Europe rebounded as semiconductor shortages eased.
In mid-June, Toyota announced that it would start selling electric vehicles with next-generation batteries in 2026.