Toyota production reached record levels in October
Toyota Motor Corp. recently announced that global production of its vehicles increased to a record 845,107 vehicles in October this year. Compared to the same month last year, this represents an increase of 9 percent. The company attributes the good figures to strong demand in Japan and China. In view of a recovery from the Covid 19 pandemic, the Japanese automobile giant was able to increase its production for the second month in a row, with September showing an increase of 11.7 percent.
Local production increased by 12 percent to 309,582 vehicles, supported by the popularity of the new edition of the Toyota Harrier SUV. The Harrier is not available for Europe, but is based on the same GA-K platform as the RAV4. In North America, the Harrier is marketed under the name Venza. At Toyota’s overseas locations, the number of vehicles produced rose by 7.4 percent to 535,525. Worldwide sales figures in October were 847,713 vehicles, also a record figure. Sales were supported by good turnover of the luxury brand Lexus in China and rising demand in the USA. A Toyota spokesman said the recovery in production had gone better than expected. Nevertheless, the company will continue to closely monitor the worldwide development of new coronavirus infections in order to act accordingly.
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