Toyota’s global output falls for a fourth month in February on model change
- Global vehicle production shrank 3.9% from the same month a year earlier to 749,673 vehicles
TOKYO: Toyota Motor said on Monday global production fell for a fourth successive month in February, dragged down by weaker output in Canada as the automaker changed production from the old to the new RAV4 sport utility vehicle.
Global vehicle production shrank 3.9% from the same month a year earlier to 749,673 vehicles.
Toyota said overall demand was strong but output fell as it switched production from the old to the new RAV4 sport utility vehicle, one of its most popular models.
Output dropped 46.2% in Canada, 11.5% in China, 2.6% in Japan and 20.4% in the Middle East. It rose 3.4% in the US and 3.9% in Europe.
Global sales declined 3.3% to 737,134 vehicles.
HUBCO’s Gharo plant set to come online in second half of 2026, eyes 25,000 vehicles annually
Overseas sales fell 2.2%, pulled down by a 13.9% drop in China and an 8.3% decrease in Japan.
Sales in the US grew 3.2%.
Production and sales figures include its luxury Lexus brand. Toyota was the world’s top-selling automaker for a sixth consecutive year in 2025, Reuters calculations showed.
Comments
Comments are closed for this article.