Hyperdrive
Toyota Saw Record Sales, Output in November on Demand Abroad
- Global vehicle production reached all-time high last month
- Impact of recent scandals not yet reflected in results
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Toyota Motor Corp. is poised to keep its title as the world’s best-selling carmaker, beating Volkswagen AG for the fourth consecutive year after steady demand across North America and Europe helped sales and production reach new records in November.
Global sales — including that of subsidiaries Hino Motors Ltd. and Daihatsu Motor Co. — rose 12% from a year earlier to 986,262 units, the most ever for the month of November, the company said Wednesday. Worldwide production reached an all-time high at 1,067,446 units.