Toyota Motor (TM): Global Production Increases for 5th Consecutive Month

Group 1 - Toyota Motor Corporation's global production increased for the 5th consecutive month in October, rising by 4% year-over-year to 926,987 cars, while worldwide sales increased by 2% to 922,087 vehicles [1][2] - In the US, production surged by 26% in October, marking the 5th straight month of double-digit growth, driven by strong demand for hybrid vehicles and recovery from previous production stoppages [2] - In contrast, production in China fell by 6% and sales dropped by 7% due to the end of subsidy programs in some regions, while Japan saw a 7% increase in output but a 4% decline in sales [2] Group 2 - Toyota announced an additional investment of up to US$10 billion in the US over the next 5 years, increasing its total investment in the US to approximately US$60 billion since operations began [3] - The company also opened its 11th manufacturing facility in the US, Toyota Battery Manufacturing in North Carolina, reflecting an investment of around US$14 billion [3]