Wedoany.com Report-Oct. 28, Toyota Motor (7203.T) announced on Monday that its global production rose by over 10% in September, marking the fourth consecutive month of growth. The increase was supported by higher sales and output in the United States, which remains the Japanese automaker’s largest market.

Employees work on the Yaris Cross car assembly line at the Toyota Motor Manufacturing France (TMMF) plant in Onnaing near Valenciennes, France, April 4, 2024.

Toyota reported that worldwide production in September climbed 11% year-on-year to 918,146 vehicles. In the United States, production expanded 29%, driven by strong demand for hybrid models and recovery from last year’s temporary suspension of two vehicle lines.

The company also saw gains in other major markets. Production in Japan increased by 9%, while output in China rose by 16%, reflecting continued demand across key regions. The overall results highlight Toyota’s steady recovery in global manufacturing following previous supply chain constraints.

In terms of sales, Toyota achieved its ninth consecutive monthly increase in September. Global vehicle sales rose 3% year-on-year to 879,314 units. U.S. sales grew by 14%, more than compensating for a 1% decline in China and a 5% decrease in Japan. This sustained growth in North America helped offset weaker results in parts of Asia.

For the first nine months of the year, Toyota sold a total of 7.8 million vehicles worldwide, representing a 5% rise from the same period last year. Both Toyota and its luxury brand Lexus were included in the overall production and sales figures.

Toyota’s strong September performance reflects a balanced recovery across regions, supported by robust consumer demand for fuel-efficient and hybrid vehicles. The company’s consistent output growth in 2024 underscores its ability to manage supply challenges and adapt to shifting market conditions.

Industry analysts noted that Toyota’s focus on hybrid technology continues to support its global competitiveness, particularly in the U.S., where hybrid sales remain a key driver of overall performance. The company’s stable growth trajectory positions it to maintain leadership in the global automotive market.

Despite moderate sales declines in China and Japan, Toyota’s gains in North America and expanding hybrid lineup suggest that the automaker is successfully navigating varying demand trends across markets. With cumulative production and sales both rising through the year, Toyota appears on track to sustain its strong operational momentum heading into the final quarter.