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Toyota worldwide production down for 10th month regardless of increasing sales

Toyota Motor's global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its around the world sales grew for the 2nd successive month on solid demand in the United States and China.

The world's greatest car manufacturer made 869,230 lorries globally in November, down 6.2% from the same month in 2015, a. bigger fall than October's 0.8% dip.

Toyota's U.S. output was down 11.8%, making a sluggish healing. although the production of Grand Highlander and Lexus TX SUV. models resumed in late October after a four-month interruption.

China production dropped 1.6%, which was nevertheless better than. a 9% decrease in the previous month, as Toyota saw greater local. sales of its Granvia and Sienna minivan models and the electric. sedan bZ3 collectively established with BYD.

Amid the rise of BYD and other Chinese brand names, Toyota has. chosen to construct an independent plant in Shanghai and start. manufacturing electric automobiles for its Lexus high-end brand from. around 2027, the Nikkei newspaper reported on Monday.

In Japan, which represents about a 3rd of Toyota's. worldwide output, production was down 9.3% in November, due in part. to a two-day production halt at its Fujimatsu and Yoshiwara. plants.

Toyota saw its worldwide sales increasing for a 2nd straight. month, by 1.7% to 920,569 lorries, setting a new record for the. month of November.

In the January-to-November duration, Toyota's international output. was 5.2% lower than the very same duration last year at around 8.75. million lorries, while worldwide sales were down 1.2%.

The production and sales figures include vehicles of. Toyota's Lexus brand name but leave out those of group companies Hino. and Daihatsu.

(source: Reuters)