TOKYO, Dec 26 (Reuters) – Toyota Motor Corp (7203.T) reported on Monday a 1.5% rise in November international automobile output, reaching a brand new report of 833,104.
Home manufacturing slid 3.3% to 266,174 autos, whereas abroad output rose 3.8% to an all-time excessive of 566,930 for the month.
World gross sales and manufacturing in November exceeded final yr’s ranges on account of strong demand, significantly in North America, and a restoration in elements provides that had been impacted by COVID-19 slowdowns, Toyota mentioned.
The automaker reported earlier this month it anticipated to provide 700,000 autos in January and held to a lowered objective of 9.2 million within the yr via March.
Toyota had beforehand anticipated to make 9.7 million autos this fiscal yr, however was pressured to decrease the goal in November because it struggles with rising supplies prices and a scarcity of semiconductors. learn extra
That is nonetheless forward of final yr’s manufacturing of about 8.6 million items.
Reporting by Rocky Swift; Modifying by Muralikumar Anantharaman
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