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Toyota's global output rises for second month in February on solid Japan sales
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Toyota's global output rises for second month in February on solid Japan sales
Mar 27, 2025 10:00 PM

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Toyota's ( TM ) global production, sales rose 6% y/y in February

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Domestic production up 16%, overseas output less than 1%

higher

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Sales in Japan rise 28%, overseas sales up 2%

TOKYO, March 28 (Reuters) - Toyota Motor ( TM ) said

on Friday its global production rose for the second consecutive

month in February, driven by higher output and stronger sales in

Japan after recovering from a certification scandal in its home

market last year.

Global output for the world's biggest automaker increased 6%

to 779,790 vehicles year-on-year, with domestic production up

16% and that in other countries growing less than 1% last month.

Toyota's ( TM ) production in North America dropped by 1%, while

car shipments from Japan to its largest market, the United

States, also declined by 1%.

The company's global revenue grew 6% in the reported month,

supported by a 28% spike in domestic sales and a 2% rise in

overseas sales.

U.S. President Donald Trump unveiled on Wednesday a 25%

tariff on imported cars and light trucks to take effect on April

3.

Trump's trade policies have sparked global uncertainty, with

investors concerned about potential supply chain disruptions,

reduced investment, and the looming threat of inflation

jeopardizing global economic growth.

In North America, Toyota's ( TM ) sales fell 7%, though the company

attributed the decline to fewer operating days and an inventory

shortage of hybrids and other vehicles, while noting that demand

for its vehicles remained strong.

The production and sales figures include its luxury Lexus

brand.

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