Toyota’s global vehicle output reaches record high in May

Monday, 03 July 2023 15:40:57 (GMT+3)   |   Istanbul
       

Japanese automaker Toyota Motor Corporation has announced that its global vehicle output increased by 33.4 percent year on year to 847,000 units in May this year, reaching a record high as a result of increased production capacity in response to strong demand. In particular, the company’s domestic output rose by 72.2 percent to 248,287 units, while its overseas output in the given month increased by 22.0 percent to 598,713 units, both year on year.

Toyota’s global vehicle sales amounted to 838,478 units in May, rising by 10.1 percent year on year.

In the January-May period this year, the company’s global vehicle output was up by 11.5 percent year on year to 3,979,413 units, while its global sales amounted to 4,038,687 units, increasing by four percent on year-on-year basis.


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