Toyota’s global sales and production fall again in September
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ExpandJapanese carmaker Toyota was dragged down by declines in China and the Middle East. Picture: Reuters/Athit Perawongmetha Toyota said on Thursday global vehicle sales and production decreased for a third consecutive month in September, dragged down by declines in China and the Middle East.
The world’s biggest carmaker saw global sales decline 2.2% from a year earlier to 860,107 vehicles, while production dropped 3.2% to 889,079 vehicles.
Sales in China fell 19.7%, extending their decline to an eighth consecutive month, as higher petrol prices weighed on demand for petrol and hybrid cars, Toyota said.
Sales in the Middle East slumped 29.8%, while they rose 1.8% in Japan and 8.4% in the US, Toyota’s top market.
Output fell 18.6% in China and 2.9% in the US, while it rose 5.8% in Japan.
Toyota’s figures include its luxury Lexus brand.
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Reported by timeslive.co.za.
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