-+ 0.00%
-+ 0.00%
-+ 0.00%
Toyota said on Thursday that global car sales and production declined for the third month in a row in September, dragged down by the decline in the Chinese and Middle Eastern markets. The world's largest car manufacturer's global sales volume fell 2.2% year on year to 860,107 units in September; production fell 3.2% to 889,079 units. Toyota said in a statement that as higher gasoline prices dampened demand for gasoline cars and hybrid vehicles, sales in the Chinese market fell 19.7%, and the decline has been extended to the eighth month in a row. Toyota sales plummeted 29.8% in the Middle East, while Japan and the US grew 1.8% and 8.4%, respectively. In terms of production, the Chinese market fell 18.6%, the US market fell 2.9%, and the Japanese market grew 5.8%. Toyota's above data includes its luxury brand Lexus.
Share
Listen to the news
Toyota said on Thursday that global car sales and production declined for the third month in a row in September, dragged down by the decline in the Chinese and Middle Eastern markets. The world's largest car manufacturer's global sales volume fell 2.2% year on year to 860,107 units in September; production fell 3.2% to 889,079 units. Toyota said in a statement that as higher gasoline prices dampened demand for gasoline cars and hybrid vehicles, sales in the Chinese market fell 19.7%, and the decline has been extended to the eighth month in a row. Toyota sales plummeted 29.8% in the Middle East market, while Japan and the US grew 1.8% and 8.4%, respectively. In terms of production, the Chinese market fell 18.6%, the US market fell 2.9%, and the Japanese market grew 5.8%. Toyota's above data includes its luxury brand Lexus.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending