Toyota Motor Corp. reported an increase in global vehicle production for the first time in 12 months led by a quicker recovery in Japan. Output in August rose 10.6% to 626,817 vehicles, the first increase after the government ended subsidies for fuel- efficient cars last September and the March 11 earthquake and tsunami. That's according to the company, which is Asia's largest automotive manufacturer. Domestic output gained 12% to 252,374, while overseas production rose 9.8& to 374,443, it said.
April 26, 2024
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