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Toyota Sept Output Grows for 4th Straight Month, Aided by Strong US Demand

TOKYO, Oct 27 (Reuters) - Toyota Motor on Monday said its worldwide production increased by more than 10% in September and rose for a fourth straight month, as both sales and output increased in the U.S., the Japanese automaker's top market.

Toyota's global output for September grew 11% from a year earlier to 918,146 vehicles. Production for the month in the U.S. rose 29% due to robust demand for hybrids and a recovery from last year's production suspension of two models.

The world's largest automaker said production in Japan increased 9% and in China, it rose 16%.

Global sales rose for the ninth consecutive month in September, advancing 3% to 879,314 vehicles, with U.S. sales up 14%, offsetting a 1% decrease in China and a 5% decline in Japan.

Toyota has sold 7.8 million vehicles during the first nine months of the year, up 5% from a year earlier.

The production and sales figures include its luxury Lexus brand.

Reporting by Daniel Leussink; Edited by Thomas Derpinghaus

Source: Reuters


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