Toyota Motors Says Japan-Based Production Fell For The First Time In 7 Months

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Toyota Motor Corp (ADR)TMannounced
on Monday that its February fell for the first time in 7 months. Toyota said that its total production in Japan throughout February fell 17.4 percent from a year ago to 298,839 units. Passenger car production fell 16.9 percent to 251,001 units while trucks and buses fell 19.7 percent to 47,838 units. Toyota added that its total February exports out of Japan fell 14.8 percent from a year ago to 126,414 units. Production outside of Japan rose 4.7 percent in February from a year ago to 466,098 units, marking the first increase in 3 months. Toyota's stock showed no trades early Monday morning and lost 1.65 percent on Thursday.
Posted In: NewsToyotaToyota JapanToyota Production
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