Toyota Motor output slips for fourth straight month in February as model revamp bites

Toyota's global production dropped for the fourth straight month in February. This decline was mainly due to lower output in Canada as the company transitioned to the new RAV4 model. Overall vehicle production saw a decrease compared to the previo...

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Toyota Motor
Tokyo: Toyota Motor said on Monday global production fell for a fourth successive month in February, dragged down by weaker output in Canada as the automaker changed production from ‌the old ⁠to ⁠the new RAV4 sport utility vehicle.

Also Read: Toyota Motor to cut Middle East output by nearly 40,000 vehicles, Nikkei reports

* Global ​vehicle production shrank 3.9% from the same month a ​year earlier to 749,673 vehicles. Toyota said overall demand was strong but output ​fell as it switched ⁠production from ‌the old to the ​new RAV4 ​sport utility vehicle, one ⁠of its most popular models.


* Output dropped ​46.2% in Canada, 11.5% in ​China, 2.6% in Japan and 20.4% in the Middle East. It rose 3.4% in the U.S. and 3.9% in Europe.

* Global sales declined 3.3% ‌to 737,134 vehicles.

* Overseas sales fell 2.2%, pulled down by ​a 13.9% ​drop in China ⁠and an 8.3% decrease in Japan. Sales in the U.S. grew 3.2%.
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* Production and sales figures include its luxury Lexus brand.

* Toyota was the world's top-selling automaker for a sixth consecutive year in 2025, Reuters calculations showed.
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