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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.

Cars are seen outside the Toyota car showroom in Stockport, Britain, May 26, 2020. REUTERS/Jason Cairnduff/File Photo
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Overview

  • 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.