Toyota's global sales jump in July to hit monthly record

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A Toyota logo is seen during the New York International Auto Show

A Toyota logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing Rights

TOKYO, Aug 30 (Reuters) - Toyota Motor's (7203.T) July global sales rose 8% from the same month a year earlier to a record 859,506 vehicles, the Japanese automaker said on Wednesday, a day after a system malfunction shut output at all of its domestic assembly plants.

The world's top-selling automaker also reported a 15% increase in global production in July.

Toyota has now posted year-on-year increases in global sales for six months running and production for seven, highlighting its recovery from last year's supply chain snarls and COVID-19-containment measures.

Both figures include Toyota's Lexus luxury brand.

Numbers for August - which will not be available until next month - are likely to be hit by Tuesday's output suspension. Toyota is restarting operations at its Japan assembly plants on Wednesday following a system glitch that prevented it from ordering components.

The company continues to investigate the cause of the malfunction, but has said it was not due to a cyberattack.

In China, sales fell 15% in July. That contrasted with stronger sales in Japan, the United States and Europe. Domestic sales rose 35% and those in the U.S. increased by 8%.

Reporting by Daniel Leussink; Writing by David Dolan; Editing by Christopher Cushing

Our Standards: The Thomson Reuters Trust Principles.

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