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Toyota global output rises for the first time in a year in January
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Toyota global output rises for the first time in a year in January
Feb 26, 2025 8:58 PM

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Toyota's ( TM ) global production rose 6% y/y in January

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Domestic production up 22%, offsetting overseas decline

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North American demand strong despite snowfall impact

TOKYO, Feb 27 (Reuters) - Toyota Motor ( TM ) said on

Thursday its worldwide production rose for the first time in a

year in January, as it ramped up output in Japan after

recovering from last year's certification scandal in its home

market.

The world's biggest automaker's global output for January

increased 6% year-on-year to 781,729 vehicles, with domestic

production up 22%, offsetting an overseas production decline.

Toyota's ( TM ) output in North America rose 3% in January as a

jump in production in Mexico made up for falls in the United

States and Canada, countries where it still manufactured more

cars than in Mexico, for the month.

The company made about 26,500 vehicles in Mexico in January,

producing almost 3.5 times more cars in the country than in the

same month a year earlier. Toyota ( TM ) said the jump was due to a

switch in production last year, resulting in a big year-on-year

increase.

Toyota's ( TM ) global sales were largely flat as a 13% jump in

domestic sales helped balance out a 14% drop in China sales and

a 1% decline in U.S. sales.

The company said North American demand for its vehicles

remained strong despite seeing negative impact from snowfall in

January.

The production and sales figures include its luxury Lexus

brand.

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