Toyota Motor (TM): Global Production Increases for 5th Consecutive Month

Toyota Motor Corporation (NYSE:TM) is one of the Most Undervalued Stocks to Buy Right Now. On November 27, Reuters, while quoting Toyota Motor Corporation (NYSE:TM), highlighted that the company’s global production increased for the 5^th consecutive month in October, thanks to the robust US demand for hybrid vehicles, mitigating the weaker sales in Japan and China. Toyota Motor Corporation (NYSE:TM)’s global output increased by 4% YoY to 926,987 cars, with worldwide sales increasing by 2% to 922,087 vehicles.

In the US, which is the top market, production went up by 26% for October 2025, showcasing its 5^th straight double-digit rise, added Reuters. This was aided by strong hybrid demand and recovery of output from the previous year’s production stoppage of 2 models. In China, production fell by 6%, with sales dropping 7%. This was because of the end of subsidy programmes in some regions. Notably, output in Japan increased by 7%, but sales declined 4%.

In a different development, Toyota Motor Corporation (NYSE:TM) announced an additional investment of up to US$10 billion in the US over the upcoming 5 years, bringing the company’s total US investment to ~US$60 billion since it began operations in the US. Additionally, the company held an opening ceremony for Toyota Battery Manufacturing, North Carolina (TBMNC). This is the company’s 11^th manufacturing facility in the US, reflecting an investment of ~$14 billion.

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Disclosure: None. This article is originally published at Insider Monkey.