Toyota reports record high global production for March

News Image

MG News | April 27, 2022 at 10:51 AM GMT+05:00

April 27, 2022: Toyota Motor Corp on Wednesday posted record high global production in March, as overseas production made up for a drop-off at home, highlighting the impact of factory stoppages and weaker consumer demand in Japan.

Japan's largest automaker produced 866,775 vehicles worldwide in March it said, marking a 2.8% increase from the same month last year and a monthly record.

But Toyota saw an almost 16% drop in domestic production, to 261,759 vehicles. It was hit by a cyberattack against one of its suppliers during the Month that brought all domestic factory operations to a grinding halt for one business day.

Domestic production is likely going to be seen as further evidence of the weak state of the Japanese economy, as it struggles with higher costs and slow growth.

Toyota's domestic production took a hit after a magnitude 7.4 earthquake in northeastern Japan hampered supplies of parts. Operations for group automakers Hino Motors and Daihatsu were also impacted.

Reuters

Related News

Name Price/Vol %Chg/NChg
KSE100 171,021.20
228.53M
-0.42%
-718.25
ALLSHR 103,836.39
572.65M
-0.41%
-422.85
KSE30 50,951.99
89.47M
-0.52%
-264.77
KMI30 240,633.87
93.99M
-0.31%
-756.80
KMIALLSHR 66,572.75
300.61M
-0.28%
-185.59
BKTi 48,673.23
31.18M
-0.70%
-343.86
OGTi 33,702.25
6.35M
-0.61%
-205.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,470.00 64,470.00
63,875.00
255.00
0.40%
BRENT CRUDE 98.70 101.19
95.13
-1.99
-1.98%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.55
-1.44%
ROTTERDAM COAL MONTHLY 121.10 121.10
121.10
0.70
0.58%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 90.47 92.83
87.68
-1.72
-1.87%
SUGAR #11 WORLD 14.76 14.79
14.54
0.07
0.48%

Chart of the Day


Latest News
July 25, 2026 at 05:09 PM GMT+05:00

Weekly Market Roundup


July 25, 2026 at 01:40 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg