Toyota’s global production declined for the 10th consecutive month in November, down 6.2% year-on-year. However, the automaker saw a 1.7% increase in worldwide sales, marking the second consecutive month of growth.
Toyota Motor's global production decreased by 6.2% in November, reaching 869,230 vehicles, marking a larger decline than the previous month. Despite this, the company’s global sales rose by 1.7%, reaching 920,569 vehicles, setting a new November record. The growth was driven by solid demand in the U.S. and China.
In the U.S., Toyota’s production fell by 11.8%, though production of the Grand Highlander and Lexus TX SUV models resumed after a four-month stoppage. In China, production dropped by 1.6%, an improvement over the previous month's 9% decline, bolstered by higher sales of the Granvia and Sienna minivan models, as well as the electric sedan bZ3, developed with BYD.
In Japan, production was down 9.3%, partly due to a two-day production halt at its Fujimatsu and Yoshiwara plants. Meanwhile, Toyota plans to establish a new plant in Shanghai to manufacture electric vehicles for its Lexus brand by 2027, amid increasing competition from BYD and other Chinese brands.
For the year-to-date period, Toyota's global output was 5.2% lower, with sales down by 1.2%, but the automaker remains focused on recovery and expansion in key markets.
An explosion at Chuo Spring Co.'s plant in Toyota, Japan, has resulted in one death and two injuries, officials reported on Thursday.
Toyota Motor sold 10.8 million vehicles in 2024, maintaining its position as the world’s top-selling automaker for the fifth consecutive year despite a 3.7% decline in global sales, the company announced Thursday.
Toyota sold 10.8 million vehicles in 2024, remaining the world’s top-selling automaker for the fifth consecutive year. However, sales in China dropped by 6.9%, and global sales fell by 3.7%, mainly due to challenges in Japan.
Toyota’s global output fell for the ninth month in a row in October, primarily due to lower production in the U.S. and China. However, the automaker saw a 1.4% rise in global sales, reaching a record 903,103 vehicles for the month.
North Korea criticised upcoming U.S.-South Korea military drills on Friday, warning they would worsen tensions on the Korean Peninsula, state media KCNA reported. The annual Freedom Shield exercises are set to begin on Monday and last until March 20.
President Donald Trump has postponed 25% tariffs on many imports from Mexico and some from Canada for one month, easing concerns over a broader trade war.
Fighters loyal to Syria’s ousted leader Bashar al-Assad attacked government forces on Thursday, killing at least 13 in one of the deadliest clashes since Islamist-led rebels seized power.
President Donald Trump told his Cabinet that they—not Elon Musk—are in charge of their departments, following backlash over mass firings led by Musk’s agency, DOGE.
Intuitive Machines' Athena lander has reached the moon, but its status remains unclear after a tense landing, marking the company's second lunar attempt.
Norway’s government has affirmed that it will continue to supply fuel for U.S. Navy vessels, dismissing recent calls from a private marine fuel supplier to halt deliveries amid tensions linked to U.S.-Ukrainian relations.
President Donald Trump is preparing a new travel ban that could block entry for people from Afghanistan and Pakistan as early as next week. The move is part of an intensified immigration crackdown.
EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Kaja Kallas, will chair the 20th EU-Central Asia Ministerial meeting hosted this year by Turkmenistan, in Ashgabat, on 4 March.
Watch AnewZ Live Coverage of the Trump-Zelenskyy meeting at the Oval Office at https://anewz.tv/tv-live
Ukrainian President Volodymyr Zelenskyy reaffirmed his respect for the United States and its people in an interview with Fox News, following a tense meeting with U.S. President Donald Trump at the White House.
President Donald Trump has delayed the implementation of 25% tariffs on automobile imports from Canada and Mexico for one month, following requests from executives at General Motors, Ford, and Stellantis.
In a significant escalation of its "maximum pressure" campaign against Iran, the Trump administration is reportedly mulling a plan to stop and inspect Iranian oil tankers at sea.
Tokyo is adopting a 4-day workweek in a bid to help boost the nation's record-low fertility rates.
Walt Disney has announced further job cuts, with an additional 200 employees set to be laid off across its ABC News and entertainment TV networks, according to an internal memo. The majority of these layoffs will impact the New York-based ABC News division.
Türkiye and Greece are setting their sights on achieving a $10 billion bilateral trade volume as part of a newly launched “positive agenda” initiative aimed at bolstering cooperation across healthcare, environment, culture, tourism, economy, and trade.
North Korea criticised upcoming U.S.-South Korea military drills on Friday, warning they would worsen tensions on the Korean Peninsula, state media KCNA reported. The annual Freedom Shield exercises are set to begin on Monday and last until March 20.
President Donald Trump has postponed 25% tariffs on many imports from Mexico and some from Canada for one month, easing concerns over a broader trade war.
Fighters loyal to Syria’s ousted leader Bashar al-Assad attacked government forces on Thursday, killing at least 13 in one of the deadliest clashes since Islamist-led rebels seized power.
President Donald Trump told his Cabinet that they—not Elon Musk—are in charge of their departments, following backlash over mass firings led by Musk’s agency, DOGE.
Intuitive Machines' Athena lander has reached the moon, but its status remains unclear after a tense landing, marking the company's second lunar attempt.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment