Toyota Motors (TM) global sales, including subsidiaries Daihatsu Motor and Hino Motors, surged 9% in August year-on-year, reaching an all-time high of 923,180 vehicles, on the back of record output driven by enhanced supply conditions and heightened demand.

In the U.S., Toyota's sales jumped 15%, and domestic sales increased by a whopping 46%. However, sales declined by roughly 7% in China.

Despite the 2% decrease in overseas output, Toyota's overall production rose 4% driven by a 22% increase in domestic production compared to the previous year. The jump underscores its recovery from last year's semiconductor and supply chain challenges. Last month's glitch that 澳洲幸运5官方开奖🔴结果体彩网:suspended its domestic a🌄ssembly plants for a day seemed to have no impact on its production numbers.

Production numbers jumped 221% in India, reaching slightly above 32,000 vehicles, owing to its collaboration with Suzuki Motors. The world's biggest carmaker plans to build a third plant in India, expanding production capacity to around 200,000.

The Japanese carmaker sold 11,880 battery-run electric vehicles in August, making it a total of 65,467 units successfully marketed this year, compared to the 24,000 units sold in 2022. Despite the boost, it is far from the ambitious target set by Chief Executive Officer Koji Sato, who aimed for annual sales of 1.5 million EVs by 2026.

Toyota was down roughly 0.3% in early market trading ♓on Thursday despit🐠e the record numbers.