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Thursday, 29 September 2011

Monthly production of rises for first time since earthquake

Toyotaliva
Toyota Motor Corp. reported an increase in global vehicle production for the first time in 12 months led by a quicker recovery in Japan.

Output in August increased by 10.6 percent to 626,817 vehicles, the first rise was when the government ended subsidies for fuel- efficient cars last September and the March 11 earthquake and tsunami, the company said in a statement. Domestic output gained 12 percent to 252,374, while overseas production rose 9.8 percent to 374,443, it said.Vcommindia News

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