29-June-2025
Corporate News
 
Toyota's Global Sales Hit May Record, but Production Dips
28-Jun-2025

Toyota Motor's global sales rose for a fifth straight month in May, setting a record for the month, as strong demand in markets such as the U.S. held firm despite President Donald Trump's tariffs, the automaker said on Friday. Worldwide sales climbed 6.9% year-on-year to 898,721 vehicles in May, driven by robust demand in North America, China and Japan, the company said. Sales in the U.S. went up by almost 11%. However, Toyota's global vehicle production edged down 0.7% year-on-year in May, the first drop in five months, due to fewer operating days in Japan, the automaker said.

News Source:- https://money.usnews.com/investing/news/articles/2025-06-27/toyotas-global-sales-hit-may-record-but-production-dips