Toyota announced on Thursday that its global production reached 781,729 units in January of this year, marking a 6% year-on-year increase and the first uptick in 12 months. This growth is primarily attributed to the resurgence of local production capacity, with domestic output soaring by 22%, effectively counteracting the decline in overseas production. Regarding regional performance, the North American market exhibited mixed results. Mexican factories recorded a remarkable nearly 3.5-fold increase in production, reaching 26,500 units, contributing to an overall 3% rise in regional production. Nevertheless, production in the United States and Canada, the two traditional cornerstone markets, continued to decline. The company attributed the spike in Mexican production to the base effect stemming from production base adjustments made last year.
