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The Japanese and Chinese markets continue to be sluggish, with Toyota (TM.US) sales and production remaining flat.
Boosted by a slight rebound in overseas markets following a long-term slump in Japan, toyota motor (TM.US) saw October sales and production stabilize.
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Toyota's global production in October decreased by 0.8%, with production in China dropping by 9%.
Data released by toyota motor on Thursday shows that global production fell for the ninth consecutive month in October, affected by a significant decline in production in the usa and china, although the decline was milder than in previous months. The company stated that global production in October was 893,164 vehicles, down 0.8% year-on-year, but the decline slowed from 8% in September. Toyota reported that global sales in October increased by 1.4% year-on-year, reaching 903,103 vehicles, marking the first growth in five months and setting a record for the highest sales in the same month in history. Due to airbag issues, the SUV models Grand Highlander and Lexus.
Toyota's Global Output Declines for Ninth Straight Month in October
Toyota's Sales, Output Plateau as Slump Persists in Japan, China
Nikkei average contribution ranking (pre-closing) ~ Nikkei average rebounds for the first time in three days, with To-Electric pushing up about 141 yen per share.
As of the close on the 28th, the number of advancing and declining stocks in the Nikkei average was 151 up, 72 down, and 2 unchanged. The Nikkei average rebounded for the first time in three days, closing at 38,295.13 yen, up 160.16 yen (+0.42%) from the previous day, with a trading volume estimate of 0.8 billion 40 million shares. On the 27th, the U.S. stock market fell. The dow inc ended down 138.25 dollars at 44,722.06 dollars, while the nasdaq closed down 115.10 points at 19,060.48.
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