Wednesday, July 17, 2024
HomeBusinessToyota is setting production and sales records as scandals fail to undermine...

Toyota is setting production and sales records as scandals fail to undermine demand

Toyota’s production and sales hit records in the financial year ending in March, thanks to strong demand and as semiconductor supply problems eased.

Global sales, including at Daihatsu and Hino, rose 5% from a year earlier to 11.1 million units, according to data released Thursday. That’s the first time they’ve exceeded 10 million.

Production increased 4.5% to 11.2 million units thanks to robust demand in North America, Europe and India. Production was also stable in Japan, despite a temporary halt in deliveries in the second half of the year after it emerged that Daihatsu had been manipulating crash safety test results for more than 30 years.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

Translate »