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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Toyota says global April sales up 21.3 percent on-year AFP - Saturday, May 29 Send IM Story Print Toyota says global April sales up 21.3 percent on-year TOKYO (AFP) - – Japanese automaker Toyota on Friday said global sales surged 21.3 percent year-on-year in April, despite millions of safety recalls worldwide that have left it facing a series of lawsuits in the US. The Toyota group, which includes brands Daihatsu and Hino trucks, said it sold 671,921 vehicles in April, up from 554,034 a year earlier, spokesman Paul Nolasco said. The figure was lower than March sales of 876,126, however. The world's largest automaker said global production jumped 53.8 percent to 667,495 units compared to a year ago, when the industry was in the grip of the financial crisis. Toyota continues to see its sales rise despite having pulled around 10 million vehicles worldwide since late last year for safety issues. It also paid a record 16.4-million-dollar fine to settle claims it hid gas pedal defects blamed for more than 80 deaths in the United States, with US officials refusing to rule out the possibility of more fines. The beleaguered auto giant also faces a host of lawsuits over "unintended acceleration" issues that prompted the majority of the recalls, which analysts warn may yet dent the future profitability of the company. Earlier this month it said it would recall 11,500 Lexus vehicles worldwide because of a steering system defect, in the latest blow to the Japanese auto giant's reputation. Despite the recalls, Toyota posted a return to profit in the past fiscal year, including a net profit of 112.2 billion yen in the three months ended March, the height of its crisis, defying many expectations. Other Japanese makers posted sales and production gains Friday as the industry continues to rebound on booming global demand which has helped drive Japan's export-led recovery from deep recession. Second-largest maker Honda Motor marked its 10th straight monthly increase of domestic sales, which rose 9.5 percent on-year. It did not give global sales figures. Third-largest Nissan saw global production rise 57 percent on-year to 319,673, what it called an all time record for April. Fourth-largest maker Mitsubishi Motors, said its global production gained 72.7 percent from a year ago. Close rival Mazda saw production soar 51.4 percent. Recommend Send IM Story Print Related Articles Judge orders Toyota to release documents in lawsuit AFP - 1 hour 44 minutes ago ADB asks Sri Lanka to reduce size of budget AFP - 2 hours 53 minutes ago Standard Chartered bank's India offer oversubscribed AFP - Saturday, May 29 Toyota says global April sales up 21.3 percent on-year AFP - Saturday, May 29 Reliance Industries strikes oil in western India AFP - Saturday, May 29 News Search Top Stories Fitch cuts Spain's debt rating over weak growth prospects Bright sparks Nadal, Federer shine in Paris tennis OECD pledges to cut deficits, protect growth German bank gets fresh 10-billion-euro boost BP pushes on with 'top kill', true slick size emerges More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Fergie to appear on Oprah show after scandal BP pushes on with 'top kill', true slick size emerges French protest as Europe implements austerity Obama and family back in Chicago for holiday weekend US economy weaker than estimated in first quarter More Most Viewed » Scientists stunned as grey whale sighted off Israel Hubble catches planet being devoured by its star UN fears 'irreversible' damage to natural environment Earth may be too hot for humans by 2300: study Ocean fish could disappear in 40 years: UN More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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