Toyota's Tsutsumi plant (source image)

Toyota’s global production up 0.8% to 709,998 units; December results

Toyota Motor Corporation has announced its results of production, domestic sales, and exports for the 2015 calendar year (January to December). According to these results, worldwide production increased 0.8% year on year to 709,998 units, resulting in a surplus for the fourth month in a row.

As a result of reduced demand in North America, Europe, Asia, Australia, and Africa, overseas production fell 4.0% to 451,019 units, resulting in its first deficit in four months. Meanwhile, domestic production grew 10.4% to 258,979 units for a fifth consecutive surplus.

Sales in Japan increased 17.9% to 116,368 units as it exceeded the previous year’s results for the third straight month. Sales of Lexus models rose 43.1% to 4,111 units and mini cars went up by 2.8% to 1,999 units. Toyota’s share of the market excluding mini cars increased by 6.1 percentage points to 47.8%.

Exports declined by 0.4% to 151,235 units, resulting in a deficit for the third consecutive month. This decline was due to reduced shipments to North America, Oceania, the Middle East, and Africa.