Toyota Numbers Show Record Production, Sales
Automaker produced 798,771 vehicles and sold 853,285 globally in August.
Toyota reported selling 11,880 battery-powered vehicles in August.
IMAGE: Pexels
August saw Toyota Motor produce a record-breaking 798,771 vehicles, a 4% increase year-over-year, the Japanese automaker said.
Domestic production for the top automaker increased by 22%, balancing out a 2% decrease in overseas production and showcasing its rebound from semiconductor and supply chain issues last year, Reuters reported.
Even a malfunction in late August that shut down all of the automaker’s assembly plants for a day had little impact on production, according to its August numbers.
Toyota's production in India surged 321% to over 32,000 vehicles, aided by its alliance with Suzuki Motor. Reuters reported that the automaker plans to construct a third plant in the country.
Its global sales hit a record 853,285 vehicles in August, including Toyota's Lexus luxury brand, up 9.8%, according to the company.
China sales tell a different story, sales there dipping about 7%. By contrast, U.S. sales rose 15%, while its domestic sales soared by 46%.
The automaker reported selling 11,880 battery-powered vehicles worldwide. Overseas markets accounted for nearly all of its 65,000 battery EVs sold in the first eight months of the year, Reuters reported.
Originally posted on Auto Dealer Today
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