Toyota Output Hits Monthly Record for July on Robust Demand
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Toyota Motor Corp.’s global production rose 10% last month to a July record of 918,347 vehicles on robust demand and further easing of pandemic-related disruptions.
Worldwide sales, including subsidiaries Daihatsu Motor Co. and Hino Motors Ltd., rose 5.2% to 918,345 units on strong demand in North America, India and the Philippines, the world’s biggest automaker said Wednesday. Sales in China fell amid intense competition with local brands.