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Toyota says global May sales up 13.4% on-year

Toyota says global May sales up 13.4% on-year
AFP
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First Published: Mon, Jun 28 2010. 01 49 PM IST
Updated: Mon, Jun 28 2010. 01 49 PM IST
Tokyo: Toyota on Monday said its global sales increased 13.4% year-on-year in May despite worldwide safety recalls, as a recovery in the Japanese auto industry strengthened on surging demand.
The Toyota group, which includes brands Daihatsu and Hino trucks, said it sold 676,675 units in May, up from 596,887 a year ago, the company said.
The world’s largest automaker said global production rose 27.0% to 637,675 units from a year earlier, when the industry was in the grip of the financial crisis.
Toyota’s sales have posted healthy growth from last year’s mid-crisis lows despite the company yanking around 10 million vehicles worldwide since late last year for safety issues.
Other Japanese makers also reported sales and production gains Monday as the industry rebounds on stronger global demand, helping drive Japan’s export-led recovery from deep recession.
Second-largest maker Honda Motor marked its 11th straight monthly increase of domestic sales, which rose 18.0 percent on-year, while producing 278,543 autos in May, up 42.8%. It did not give global sales figures.
Third-largest Nissan saw its exports in May nearly double to 47,993 units, up 94.9 percent from the same month last year. It produced 309,287 units globally in the month, up 41.9% from a year ago.
Fourth-largest maker Mitsubishi Motors said its global production gained 85.8% from a year ago. Close rival Mazda saw worldwide production soar 46.0%.
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First Published: Mon, Jun 28 2010. 01 49 PM IST
More Topics: Japan | Auto | Toyota | Sales | Demand |