Financial News
Toyota Announces Sales, Production, and Export Results for April 2022
May 29, 2022 at 21:51 PM EDT
Toyota City, Japan, May 30, 2022 - (JCN Newswire) - Toyota Motor Corporation (TMC) announces its sales, production, and export results for April 2022 as well as the cumulative total from January to April, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.
Both sales and production fell below the previous year's level due to impact from the spread of COVID-19 both in Japan and overseas, as well as the parts supply shortage caused by the increased demand for semiconductors.
We revised production plans to be more reasonably in line with recent realities and positioned the period from April to June as an "intentional pause." The production plan for April was formulated based on this approach, but due to the impact from the lockdown in Shanghai, China, production was lower than planned.
Conditions remain unclear regarding trends for both COVID-19 and parts supplies, but we will continue to make every effort to minimize the impact.
Announced on 3/17 Global production plan for April is approximately 750,000 units (250,000 units in Japan and 500,000 units overseas)
For the full report, visit https://global.toyota/en/company/profile/production-sales-figures/202204.html.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com
More News
View More
3 Heavily Shorted Stocks That Could Pop on Rate Cuts
Today 18:36 EDT
Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
Today 17:04 EDT
Bargain Alert: DraftKings Is the Most Oversold It’s Ever Been
Today 13:19 EDT
Constellation Brands: Buffett’s $2.2B Bet May Have Hit Bottom
Today 11:39 EDT
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.
