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Investing.com-- Toyota Motor (NYSE:TM) Corp (TYO:7203) reported a 6% increase in global production for January, marking its first year-on-year rise in 12 months.
The automaker produced 781,729 vehicles last month, driven by a sharp rebound in domestic manufacturing.
Production in Japan surged 22%, while North American production also saw gains, with significant growth in Mexico, where output more than tripled from a year earlier due to operational adjustments.
Tokyo-listed Totota shares rose 1.7% to 2,771.5 yen as of 05:43 GMT.
Despite the increase in production, global sales remained largely unchanged. While domestic sales rose 13%, declines in key markets such as China and the United States offset those gains.
U.S. sales dipped 1%, while Chinese sales fell 14%.
The latest figures, which include both Toyota and its Lexus luxury brand, suggest the company is regaining stability after a challenging year.