Toyota output returns to year-before level as parts crunch eases

Economy

Toyota Motor Corp. said Friday its global production in November fell 0.8 percent from a year earlier to 821,329 vehicles, almost returning to the level a year earlier after months of lost output due to parts supply constraints amid the coronavirus pandemic. The recovery in production reflected an easing of the supply crunch in Southeast Asia, the automaker said. The November figure marked the fourth straight monthly fall, but the pace of decline slowed compared with double-digit drops in September and October. Global sales decreased 9.2 percent to 774,143 vehicles, down for the third consecut...

Kyodo News

Kyodo News