Toyota Motor said on Thursday its global sales and production hit record highs in the year ended March 31, thanks to robust demand in each region and the lack of semiconductor supply constraints it had to endure in recent years. Toyota's parent-only global sales rose 7.3% from a year earlier to 10.31 million units, surpassing the 10 million mark for the first time, while its output came to 9.97 million units, up 9.2% on the year. The world's largest automaker by volume, however, saw its sales and production fall in March amid fierce competition in China, the world's largest auto market.
Toyota Motor Corporation (TM) closed at $232.88 in the latest trading session, marking a +1.07% move from the prior day.
Toyota cars and trucks will lead the fields at the upcoming NASCAR race weekend at World Wide Technology Raceway (WWTR), signaling the first-ever automotive manufacturer partnership for the 700-acre multi-purpose racing facility. WWTR also announced that Toyota has renewed their race entitlement for the NASCAR CRAFTSMAN Truck Series Toyota 200, scheduled for June 1.