Toyota’s global output hits record in November, but uncertain future remains

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Written By Jennifer Joslyn

🛻 Toyota’s global output hits record in November, but uncertain future remains.

The threats of incoming shortages are still prevalent, even after Toyota Motor Corp.’s announcement. Covid cases on the rise in China paired with global semiconductor shortages are likely to chip away at the number one automaker's bottom line. In a statement shared with the public on December 26th, Toyota revealed that the company had a global sales increase of nearly 3% and manufactured 833,104 vehicles in November - a 1.5% increase compared to 2021.

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Jennifer Joslyn
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