Toyota's Oct global vehicle production up 23%, above its target

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TOKYO (Reuters) – Toyota Motor (NYSE:TM) Corp on Tuesday reported a 23% rise in October global vehicle output, beating its own target for the third month in a row.

The Japanese automaker produced 771,382 vehicles globally in October, above a downgraded target of 750,000 units. Toyota produced 627,452 vehicles in October last year.