Toyota's year-on-year output rises in August as chip crunch eases

TOKYO, Sept. 29 (Xinhua) -- Toyota Motor Corp. on Thursday said its year-on-year production rose for the first time in five months in August as the negative effects of a global semiconductor crunch eased.

The Aichi Prefecture-based automaker also said its worldwide production increased from a year earlier by 44.3 percent to 766,683 vehicles in August, marking a record high for the month.

The maker of the