Thursday, June 25, 2009

Global production at Toyota factories fell in May to 38.8 percent

Toyota Prius 2007

Global production at factories in the world's largest automotive company Toyota Motor Corp. in May 2009 decreased by 38.8 percent compared to the situation a year ago. The volume of production it falls now in its tenth month in succession, said the report was circulated today, the corporation.

In May, sales at avtogiganta fell worldwide by 28 percent, and within Japan itself - only for 23,1 percent. This is due to strong demand in the country for a new model of hybrid gasoline-electric vehicle Prius. Only one month it was 180 thousand jobs.

The report notes that, in a generally unfavorable market conditions have some signs of improvement in the market. Within Japan it is connected, in particular, with the subsidies that the government started to issue citizens buying cars with high fuel economy type Prius

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