Toyota increases production for May
Source: Agencies |
June 29, 2010, Tuesday
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Print Edition
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TOYOTA'S global car production zoomed 27 percent in May as Japanese auto makers benefit from improving demand in Asia and the United States.
Toyota Motor Corp, the world's No.1 auto maker, which makes the Prius hybrid and Lexus luxury model, said yesterday it produced 637,675 vehicles worldwide in May. Toyota's sales in Japan increased year on year for the 10th straight month, it said.
Honda Motor Co's worldwide production totaled 278,543 vehicles in May, surging 42.8 percent from a year earlier for the sixth straight month of improved production.
Honda, which makes the Insight hybrid and Odyssey minivan, said US production increased year on year for the seventh straight month while production in Asia was up for the 10th straight month. Even Japan, a struggling market, saw production rise for the fifth straight month, Tokyo-based Honda said.
Japanese auto makers were battered by the financial crisis of late 2008. But sales have been gradually recuperating as the US economy recovers and demand grows in Asia and other emerging markets.
Toyota Motor Corp, the world's No.1 auto maker, which makes the Prius hybrid and Lexus luxury model, said yesterday it produced 637,675 vehicles worldwide in May. Toyota's sales in Japan increased year on year for the 10th straight month, it said.
Honda Motor Co's worldwide production totaled 278,543 vehicles in May, surging 42.8 percent from a year earlier for the sixth straight month of improved production.
Honda, which makes the Insight hybrid and Odyssey minivan, said US production increased year on year for the seventh straight month while production in Asia was up for the 10th straight month. Even Japan, a struggling market, saw production rise for the fifth straight month, Tokyo-based Honda said.
Japanese auto makers were battered by the financial crisis of late 2008. But sales have been gradually recuperating as the US economy recovers and demand grows in Asia and other emerging markets.
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