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Toyota's May global sales fall 7.2%
Toyota Global's sales declined by 7.2 percent in May, reaching 834,279 units, with demand dropping in China by 31.7 percent and a significant loss in exports to the Middle East by 65.9 percent, due to regional conflicts and logistical challenges. Global production also decreased by 5.5 percent, with production outside Japan declining by 9.4 percent, while sales within Japan remained stable with an increase of 11.1 percent. Toyota reported that its global sales fell by 7.2 percent in May, with notable declines in exports to the Middle East and China, driven by regional conflicts and higher gasoline prices. Global production decreased by 5.5 percent, with a 9.4 percent drop outside Japan, while sales within Japan increased by 11.1 percent.
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