TOKYO: On Thursday, Toyota reported that its global production and sales increased for the fourth straight month in April, driven by robust demand for hybrid cars and a surge in U.S. purchases due to President Donald Trump's import tariffs. The largest automaker in the world reported a 10 per cent year-on-year rise in global sales for April, totalling 876,864 vehicles, while U.S. sales also rose by the same percentage, driven by robust demand, including rush purchases due to the tariffs, as stated by Toyota.
ALSO READ: Financial Assistance Extended to 100 Religious and Community Institutions in Jalukbari Constituency
During the first four months of the year, hybrid vehicle sales accounted for approximately 44 per cent of Toyota's total global sales. In April, the Japanese firm’s worldwide vehicle output increased by 8 per cent compared to the previous year, reaching 814,787 vehicles, supported by greater production in Japan and markets in North America, South America, and China. The manufacturing and sales numbers encompass its premium Lexus brand.
FIRST Business Portal addressing the potential of business capability of North East Region.
