Core Insights - Toyota's global sales reached a record high of 899,449 units in July, marking a 5% year-on-year increase, driven by strong demand for large vehicles and hybrid models in the U.S. market [2][4] - The U.S. market saw a significant 20% increase in sales, with notable performance from the Tacoma pickup and 4Runner SUV [4] - In China, sales continued to recover with a 6% increase, totaling 151,669 units, supported by government subsidies and strong sales of new models [4] Group 1 - Toyota's global production also hit a record high for July, increasing by 5% to 846,771 units, with the U.S. production up by 29% and China by 17% [4] - The U.S. government and Japan reached an agreement to reduce additional tariffs on automobiles from 25% to 15%, leading to a 25% increase in the number of cars exported from Japan to the U.S., totaling 55,306 units [4] - Despite the positive trends, production and sales in Japan were affected by a recent earthquake, resulting in a 6% decrease in production to 292,041 units and a 4% decrease in sales to 135,249 units [4]