Toyota fails to meet 10.1 mil. output target in FY 2023 amid scandals

Toyota Motor Corp. said Thursday its global production in fiscal 2023 grew 9.2 percent from a year earlier to a record 9.97 million vehicles but fell short of its goal of 10.1 million, impacted by recent data-rigging scandals at its group firms.

Its overseas production in the year ended March rose 5.0 percent to a record 6.66 million vehicles, helped by robust demand in North America and Europe, the company said.

© Kyodo News