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Toyota's global output falls for a fourth month in February on model change
Reuters· 2026-03-30 04:34
Group 1 - Toyota's global production fell for the fourth consecutive month in February, primarily due to the transition from the old to the new RAV4 SUV model [1][2] - Global vehicle production decreased by 3.9% year-over-year to 749,673 vehicles, while global sales declined by 3.3% to 737,134 vehicles [2][3] - Production in Canada dropped significantly by 46.2%, with other declines noted in China (11.5%), Japan (2.6%), and the Middle East (20.4%), while production increased in the U.S. (3.4%) and Europe (3.9%) [2] Group 2 - Overseas sales fell by 2.2%, driven by a 13.9% decrease in China and an 8.3% drop in Japan, although U.S. sales grew by 3.2% [3] - Despite the production and sales challenges, Toyota maintained its position as the world's top-selling automaker for the sixth consecutive year in 2025 [3]