Toyota's production declines for the tenth consecutive month, while sales continue to rise.

The Japanese automotive giant Toyota announced on Wednesday that its global production has declined for the 10th consecutive month, while its sales have increased for the second month in a row.

This was reported by Ukrinform, citing Reuters.

It is noted that the world's largest automaker produced 869,230 vehicles globally in November, which is a 6.2% decrease compared to the same month last year.

However, this figure represents an even larger decline than in October (-0.8%).

Overall, Toyota's production in the U.S. fell by 11.8%. Vehicle manufacturing in China decreased by 1.6%, but the result is still better than the 9% drop in the previous month.

In Japan, which accounts for about one-third of Toyota's global production, vehicle manufacturing decreased by 9.3% in November, partly due to a two-day shutdown at two factories.

Meanwhile, the company's global sales rose for the second consecutive month by 1.7% to 920,569 vehicles, setting a new record for November.

As reported by Ukrinform, the Japanese company Toyota intends to build a new electric vehicle manufacturing plant in China, planning to primarily produce its premium models under the Lexus brand.