Toyota global output falls for 6th straight month in July

TOKYO: Toyota Motor said on Thursday (Aug 29) its global production slipped for a sixth straight month in July, hurt by declines in markets such as China and Thailand, though the fall was smaller than the previous month's double-digit drop.

Output for July slid 1 per cent compared to the same month a year earlier to 804,610 vehicles, with production in China down 6 per cent and that in Thailand falling 13 per cent.

Worldwide sales were down less than 1 per cent, dragged by declines in top markets the United States and China.

US sales fell 5 per cent because of a smaller number of sales days than last year and a production and delivery suspension of the Grand Highlander and Lexus TX sport utility vehicles due to an airbag issue.

Those in China were down amid ongoing pressure on foreign auto brands from the shift to electric vehicles and plug-in hybrids sold by Chinese automakers.

Toyota's global sales and production figures include its Lexus luxury brand.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here