Toyota Motor has revealed that global production declined for the 10th consecutive month in November, despite sales increasing for the second month in a row, benefiting from strong demand in the United States and China.
The world’s largest automaker announced that it produced 869,230 units globally in November, which represents a 6.2% decrease compared to the same month last year.
Additionally, Toyota’s production in the U.S. fell by 11.8%, showing a slow recovery, although production of the Grand Highlander and Lexus TX SUV models resumed at the end of October after a four-month shutdown.
Production in China dropped by 1.6%, but this was an improvement over the 9% decline in the previous month, as Toyota saw higher local sales of its Granvia and Sienna minivan models and the electric sedan bZ3 developed in collaboration with BYD.
In Japan, which accounts for about one-third of Toyota’s global production, output fell by 9.3% in November, partly due to a two-day shutdown at the Fujimatsu and Yoshiwara factories.
Toyota also announced that global sales recorded an increase for the second consecutive month, rising by 1.7% to 920,569 vehicles, setting a new record for the month of November.
