Toyota Sales Drop for Third Month on Declines in China, Middle East
28-May-2026
Toyota Motor on Thursday said global vehicle sales fell for a third consecutive month in April, hit by sharp declines in China and the Middle East.
• Global sales dropped 3.1% from a year earlier to 849,306 vehicles. Overseas sales slumped 7.5%, while those in Japan rose 24.2%, as sales rebounded after earlier purchase delays occurred ahead of an environmental tax change.
• By region, sales in the Middle East plunged 33.7% to just over 31,000 vehicles and fell 25.4% in China amid tough market conditions. In the U.S., Toyota's biggest market, they slipped 4.6%.
• Global production rose 2.0% in April from a year earlier, as a 12.9% rise in Asia helped offset declines in the U.S. and Japan.
• Toyota's figures include its luxury Lexus brand.
News Source:- https://money.usnews.com/investing/news/articles/2026-05-28/toyota-sales-drop-for-third-month-on-declines-in-china-middle-east
|