Toyota Reports Global Production Growth After Yearlong Decline
The automaker saw a 6% rise in January production, driven by domestic recovery, while global sales remained flat due to challenges in major markets.
- Toyota's global production increased by 6% in January 2025, marking the first year-on-year growth in 12 months.
- Domestic production surged 22%, offsetting a 1.4% decline in overseas output, with notable gains in Mexico's manufacturing output.
- Global sales of Toyota and Lexus vehicles rose marginally by 0.1%, with a 13% increase in Japanese sales balancing out a 14% drop in China and a 1% decline in the U.S.
- Electrified vehicle sales, including hybrids and electric models, grew 18% year-on-year, though pure electric vehicles accounted for only 3% of this segment.
- Subsidiary Daihatsu saw a 40.2% sales increase, driven by domestic demand, while Hino Motors experienced a 5.6% decline in global sales.