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Toyota Output, Sales Hit Records as Demand Counters Scandals
- Honda, Nissan also report robust figures for last fiscal year
- The three major carmakers noted a broad slowdown in March
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Toyota Motor Corp.’s output and sales hit records in the financial year that ended in March on strong demand and as semiconductor supply problems eased.
Global sales, including at Daihatsu Motor Co. and Hino Motors Ltd., increased 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.