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Toyota global production declines for tenth month despite rising sales

  • Toyota's global production declined for the tenth consecutive month, manufacturing 869,230 vehicles in November, a 6.2% decrease compared to the same period last year.
  • U.S. output fell by 11.8%, with slow recovery despite the resumption of production for some models after a four-month stoppage.
  • China production dropped by 1.6%, showing improvement compared to the previous month due to higher local sales of specific models and the electric sedan developed with BYD.
  • Toyota plans to build an independent plant in Shanghai to manufacture electric cars for its Lexus luxury brand from around 2027, in response to the rise of Chinese automakers.

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