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Toyota Motor Reports 11% Decline in August Production
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Toyota Motor Reports 11% Decline in August Production
Oct 2, 2024 11:54 PM

07:07 AM EDT, 09/27/2024 (MT Newswires) -- Toyota Motor ( TM ) reported Friday that August production totaled 709,571 vehicles, down 11% from a year earlier.

Production was impacted by a typhoon that shuttered plants, a certification scandal involving its Daihatsu subsidiary, and a halt to production of two vehicles in the US, Reuters reported.

Production for the first eight months of the year was 6.2 million vehicles, down 5.2% from the same period a year earlier, the company said.

Shares of the company were down more than 2% in recent premarket activity.

Price: 185.00, Change: -4.36, Percent Change: -2.30

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