TOKYO, Dec 25 (Reuters) - Toyota Motor's ( TM ) global
production decreased for a 10th straight month in November, the
Japanese carmaker said on Wednesday, although its worldwide
sales grew for the second consecutive month on solid demand in
the United States and China.
The world's biggest automaker manufactured 869,230 vehicles
globally in November, down 6.2% from the same month last year, a
larger fall than October's 0.8% dip.
Toyota's ( TM ) U.S. output was down 11.8%, making a slow recovery
although the production of Grand Highlander and Lexus TX SUV
models resumed in late October after a four-month stoppage.
China production dropped 1.6%, which was however better than
a 9% decline in the previous month, as Toyota ( TM ) saw higher local
sales of its Granvia and Sienna minivan models and the electric
sedan bZ3 jointly developed with BYD.
Amid the rise of BYD and other Chinese brands, Toyota ( TM ) has
decided to build an independent plant in Shanghai and start
manufacturing electric cars for its Lexus luxury brand from
around 2027, the Nikkei newspaper reported on Monday.
In Japan, which accounts for about a third of Toyota's ( TM )
global output, production was down 9.3% in November, due in part
to a two-day production halt at its Fujimatsu and Yoshiwara
plants.
Toyota ( TM ) saw its worldwide sales rising for a second straight
month, by 1.7% to 920,569 vehicles, setting a new record for the
month of November.
In the January-to-November period, Toyota's ( TM ) global output
was 5.2% lower than the same period last year at around 8.75
million vehicles, while global sales were down 1.2%.
The production and sales figures include vehicles of
Toyota's ( TM ) Lexus brand but exclude those of group companies Hino ( HINOF )
and Daihatsu.