Toyota’s Global Output Rises for Second Month in February

Toyota Motor has announced that its global production increased for the second consecutive month in February, driven by higher output and stronger sales in Japan, following a recovery from last year’s certification scandal in its home market, Daniel Leussink reported for Reuters.

Global revenue climbed 6% in February, supported by a 28% surge in domestic sales and a 2% increase in overseas sales. I Photo: TOYOTA

The world’s largest automaker reported a 6% year-on-year increase in global output, reaching 779,790 vehicles. Domestic production rose 16%, while production in other countries grew by less than 1% last month.

However, Toyota’s North American production declined by 1%, and car shipments from Japan to its largest market, the United States, also fell by 1%.

Global revenue climbed 6% in February, supported by a 28% surge in domestic sales and a 2% increase in overseas sales. Meanwhile, U.S. President Donald Trump announced a 25% tariff on imported cars and light trucks, set to take effect on April 3.

The policy has fueled global uncertainty, with investors worried about potential supply chain disruptions, reduced investment, and inflationary pressures that could threaten economic growth.