Toyota global production rises 6%
Toyota Motor reported a 6% year-on-year increase in global production for January, marking its first rise in output in a year.
The world’s largest automaker produced 781,729 vehicles worldwide, driven by a robust 22% surge in domestic production in Japan. This recovery followed the company’s efforts to overcome last year’s certification scandal, which had disrupted operations in its home market, reports Reuters.
While domestic gains were notable, overseas production faced a slight decline, reflecting mixed performance across Toyota’s global markets. In North America, the automaker’s output rose by 3%, largely driven by a significant production boost in Mexico.
The company manufactured approximately 26,500 vehicles in Mexico in January — nearly 3.5 times more than during the same month last year. This sharp increase was attributed to a production shift made in 2024, which led to a strong year-on-year rise in output.
Despite this remarkable surge in Mexico, Toyota’s production levels in the United States and Canada remained higher, underscoring the continued importance of these key markets for the company’s North American operations.
Sales Remain Flat Amid Mixed Regional Performance
Toyota’s global sales remained mostly stable in January, as a 13% increase in domestic sales helped balance out weaker demand in key international markets. In China, sales fell 14%, while the U.S. reported a slight 1% decline. The automaker cited adverse weather conditions, including snowfall, as a factor that impacted North American sales performance.
Despite these challenges, Toyota noted that demand for its vehicles in North America remained strong. The company’s global production and sales figures also include its luxury Lexus brand, which continues to be a key part of its international strategy.
Toyota’s ability to ramp up domestic production while maintaining solid performance in North America suggests the automaker is on track for a stronger 2025. However, ongoing challenges in China and weather-related impacts in the U.S. may continue to affect overall global performance.
Reminder, Toyota Motor remained the world’s top-selling carmaker in 2024, delivering 10.8 million vehicles despite a 3.7% decline in global sales.
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