Toyota Vehicle Output Shrinks Before Planned Production Hike
- Firm made 634,940 vehicles in May, down 5.3% from year earlier
- Automaker sold 761,466 units, also lower than May last year
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Toyota Motor Corp. produced 5.3% fewer vehicles in May than a year earlier as it slowed output due to supply-chain disruptions afflicting global manufacturers.
Output totaled 634,940 vehicles in May, the Japanese carmaker said Wednesday. Toyota sold 761,466 vehicles globally last month, down from 840,303 vehicles a year earlier.