NEW AUTOMOBILE, Toyota Production Rises For First Time In A Year

Toyota Motor Corp. reported this week that August marked its first increase in global vehicle production in a year. The company produced 626,817 vehicles in August, a 10.6-percent increase over the prior year and the first time the company’s production showed a month-over-month increase since the Japanese government shut down incentives to purchase fuel-efficient vehicles last September. Toyota’s domestic output was up 12 percent for the month.
After last March’s magnitude-9 earthquake in Japan disrupted production of vehicles and many critical components produced by suppliers, Toyota said its North American assembly plants finally returned to 100-percent production levels this month. In Japan, automakers will return to Monday-through-Friday production after months of regulated shifting of vehicle production schedules designed to manage power from the nation’s still-recovering electric grid.

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