Toyota, Honda cut output to reduce inventories

TOKYO: Toyota Motor Corp and Honda Motor Co, Japan’s two largest carmakers, reduced auto production in September to pare inventories after sales declined.

Global output at Toyota dropped 2.5% from a year earlier to 681,699 vehicles, the company said yesterday. Honda’s production fell 17% to 300,742 while output at Nissan Motor Co, Japan’s third-largest automaker, fell 8.5% to 289,422,...