Overview
- Toyota reported November global production of 821,723 vehicles, down 5.5% year over year, marking the first decline in six months.
- Global sales fell 2.2% to 900,011 vehicles, the first year-over-year drop in eleven months.
- China production slid 14.0% to 145,707 units, with reports citing expanded subsidy withdrawals and a RAV4 model change as key factors.
- Japan output decreased 9.7% to 258,177 units due to a reduction in operating days.
- Overseas production, including China, fell 3.4% to 563,546 units, its first year-over-year decline in ten months, with Indonesia facing tougher loan screening and new taxes.