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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <pubDate>Tue, 07 Apr 2026 07:39:30 +0500</pubDate>
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      <title>Toyota’s global sales notch up a February record as parts shortage eases</title>
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      <description>&lt;p&gt;OKYO: Toyota Motor Corp (7203.T) said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-induced parts shortages, adding that worldwide production also increased for a second straight month.&lt;/p&gt;
&lt;p&gt;Japan’s biggest automaker said in a statement, however, that shortages of parts continue to be a problem. During the pandemic, it fared better than most car makers in managing supply chains, but even so ended up cutting monthly production targets repeatedly last year.&lt;/p&gt;
&lt;p&gt;Last month, its global sales jumped 10.3% to 773,271 vehicles, driven by a blistering 53.2% climb in domestic sales. That compares with a particularly weak February last year when sales sharply declined due to a lack of semiconductors.&lt;/p&gt;
&lt;p&gt;It said worldwide production of Toyota-branded vehicles rose 2% to 755,839, slightly ahead of its goal of 750,000. The increase comes after an 8.8% jump in January.&lt;/p&gt;
&lt;p&gt;Domestic production continued to show a strong recovery, climbing 11.2% in February after a 30.1% surge in January.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p>OKYO: Toyota Motor Corp (7203.T) said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-induced parts shortages, adding that worldwide production also increased for a second straight month.</p>
<p>Japan’s biggest automaker said in a statement, however, that shortages of parts continue to be a problem. During the pandemic, it fared better than most car makers in managing supply chains, but even so ended up cutting monthly production targets repeatedly last year.</p>
<p>Last month, its global sales jumped 10.3% to 773,271 vehicles, driven by a blistering 53.2% climb in domestic sales. That compares with a particularly weak February last year when sales sharply declined due to a lack of semiconductors.</p>
<p>It said worldwide production of Toyota-branded vehicles rose 2% to 755,839, slightly ahead of its goal of 750,000. The increase comes after an 8.8% jump in January.</p>
<p>Domestic production continued to show a strong recovery, climbing 11.2% in February after a 30.1% surge in January.</p>
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      <pubDate>Thu, 30 Mar 2023 12:49:39 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS
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