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Japan became the cause of Toyota’s global production climb

Toyota Motor announced that for the second consecutive month in February, the company's global production increased due to higher production and stronger sales in Japan.

report Mehr News Agency announces Reuters Toyota Motors that the company increased for the second consecutive month for the second consecutive month. He was stronger in Japan. The world’s largest automotive production increased by 5 percent to 6 % to 6,000 cars compared to the same period last year, with a 5 % increase in domestic production and a growth of less than one percent in other countries last month.

Toyota’s production in North America declined by one percent, while cargo of car from Japan to its largest market, the United States also declined by one percent.

The company’s global revenue increased by 2 percent in domestic sales and a 2 percent increase in overseas sales.

US President Donald Trump unveiled a 5 % tariff on imported cars and light trucks on Wednesday.

Donald Trump’s business policies have created universal assurance, and investors are concerned about possible supply chain disorders, reduced investment and the imminent threat of inflation that endanger the growth of the global economy.

According to Reuters, in North America, Toyota’s sales dropped seven percent, although the company attributed the decline to less business days and a shortage of hybrid cars and other cars, while noting that demand for its cars was still strong.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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