Toyota September output grows for fourth stright month, aided by strong US demand

Employees work on the Yaris Cross car assembly line at the Toyota Motor Manufacturing France (TMMF) plant in Onnaing near Valenciennes, France, April 4, 2024. REUTERS
TOKYO, Oct 27 (Reuters) – Toyota Motor  on Monday said its worldwide production increased by more than 10% in September and rose for a fourth straight month, as both sales and output increased in the U.S., the Japanese automaker’s top market.
Toyota’s global output for September grew 11% from a year earlier to 918,146 vehicles. Production for the month in the U.S. rose 29% due to robust demand for hybrids and a recovery from last year’s production suspension of two models.
The world’s largest automaker said production in Japan increased 9% and in China, it rose 16%.
Global sales rose for the ninth consecutive month in September, advancing 3% to 879,314 vehicles, with U.S. sales up 14%, offsetting a 1% decrease in China and a 5% decline in Japan.
Toyota has sold 7.8 million vehicles during the first nine months of the year, up 5% from a year earlier.
The production and sales figures include its luxury Lexus brand.

Reporting by Daniel Leussink; Edited by Thomas Derpinghaus

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