Toyota sales, production fall on sharp declines in China, Middle East
TOKYO: Toyota Motor said on Friday its global vehicle sales and production fell in July, weighed by declines in China, the United States and the Middle East, which offset a stronger performance in Japan.
Toyota Motor reported a 4.8% decline in global vehicle sales and a 2.1% drop in production for July, attributed to a sharp 24.3% plunge in China and a 44.5% decrease in the Middle East, according to a report on Friday. The Japanese automaker's global sales fell to 856,125 vehicles, compared to a 6.0% increase in Japan, which offset the decline in other regions.
The 32.7% drop in China and a 4.0% decrease in the United States pulled production down, despite a 12.4% rise in Japan. Toyota's exports from Japan rose by 10.2% to just over 196,000 vehicles, marking the highest level since October and a third consecutive monthly increase.
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