Toyota’s Worldwide Production Reaches a New High in November, Thanks to Robust Demand.

Toyota Motor’s worldwide output increased 11% to a record high in November, rebounding from last year’s supply chain difficulties and benefitting from healthy demand both in Japan and abroad.

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Toyota’s Worldwide Production Reaches a New High in November, Thanks to Robust Demand.

Toyota Motor’s worldwide output increased 11% to a record high in November, rebounding from last year’s supply chain difficulties and benefitting from healthy demand both in Japan and abroad.

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In November, output jumped to 926,573 automobiles, while global sales increased 14% from the previous year, despite global chip shortages.

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Domestic sales soared by 27% for the month, sales in the United States and China jumped by 17%, and sales in Europe increased by 15%.

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Approximately one-third of all cars sold so far this year have been gasoline-electric hybrids.

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Toyota’s generic competitive strategy bolsters the company’s competitive advantages and worldwide expansion.

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Founded in 1937, the company has grown to become a worldwide powerhouse in the car industry.

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