TOKYO (Bloomberg) -- Toyota Motor Corp. said its global vehicle production fell for a second consecutive month in October as output dropped in North America, Europe and Japan.
The world’s biggest automaker said it produced 613,169 units last month, or 14 percent less than a year earlier.
Toyota’s exports from Japan fell by 8 percent to 143,499 vehicles in October, while the automaker cut production by 7 percent outside Japan and 22 percent domestically, it said in a statement. A government incentive program for fuel-efficient cars ended in September in Japan.
Honda Motor Co., Japan’s second-largest automaker, said earlier Thursday that its global output rose 1.4 percent to 305,406 units in October, while Nissan Motor Co. said total production gained 12 percent to 363,227 vehicles.