Finance
Toyota global output rises for the first time in a year in January
Published by Global Banking & Finance Review®
Posted on February 27, 2025
2 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 27, 2025
2 min readLast updated: January 25, 2026
Toyota's global production rose 6% in January, marking its first increase in a year, driven by a 22% rise in domestic output.
TOKYO (Reuters) - Toyota Motor said on Thursday its worldwide production rose for the first time in a year in January, as it ramped up output in Japan after recovering from last year's certification scandal in its home market.
The world's biggest automaker's global output for January increased 6% year-on-year to 781,729 vehicles, with domestic production up 22%, offsetting an overseas production decline.
Toyota's output in North America rose 3% in January as a jump in production in Mexico made up for falls in the United States and Canada, countries where it still manufactured more cars than in Mexico, for the month.
The company made about 26,500 vehicles in Mexico in January, producing almost 3.5 times more cars in the country than in the same month a year earlier. Toyota said the jump was due to a switch in production last year, resulting in a big year-on-year increase.
Toyota's global sales were largely flat as a 13% jump in domestic sales helped balance out a 14% drop in China sales and a 1% decline in U.S. sales.
The company said North American demand for its vehicles remained strong despite seeing negative impact from snowfall in January.
The production and sales figures include its luxury Lexus brand.
(Reporting by Daniel Leussink; Editing by Shri Navaratnam)
Toyota's global production rose by 6% year-on-year in January, totaling 781,729 vehicles.
Domestic production in Japan increased by 22%, which helped offset a decline in overseas production.
Toyota's output in North America rose by 3% due to increased production in Mexico, despite declines in the United States and Canada.
Toyota's global sales were largely flat, with a 13% increase in domestic sales balancing a 14% drop in China and a 1% decline in the U.S.
Despite experiencing negative impacts from snowfall in January, North American demand for Toyota vehicles remained strong.
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