Toyota Motor's (TM) global group vehicle sales fell 7.4% year-over-year in May to 885,207 units, marking a fourth consecutive monthly decline, the automaker reported Monday.
Overseas sales for the group, including subsidiary Daihatsu Motor, dropped 9.9% to 728,568 vehicles.
Sales of Toyota-branded vehicles, including Lexus, saw a 38.6% decline in in the Middle East and a 31.7% fall in China amid a challenging market environment, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments