Toyota's February global sales rise 10.3 percent

Toyota Motor's global sales in February reached a record level, rising by 10.3 percent compared to the same period last year. According to the Japanese company's statement, Toyota increased its global sales in February by 10.3 percent compared to the same month last year, reaching 773,271. The record increase for February was due to the acceleration of local sales after the easing of the semiconductor supply deficit. Accordingly, sales in Japan increased by 53.2 percent to 155,840, while overseas sales increased by 3 percent to 617,431. On the other hand, the Japanese company's domestic production increased by 11.2 percent to 281,521, while global production increased by 2 percent to 755,839.