Toyota Sales and Production Fall Again in September
Toyota Motor reported a drop in global vehicle sales and production for the third straight month in September. Weak demand in China and the Middle East offset growth in the US and Japan markets.
Insights:
Toyota Motor global vehicle sales fell 2.2% to 860,107 units in September, marking a third straight month of declines. The downturn follows steep drops in key overseas markets led by China. Investors are tracking whether persistent demand pressures in Asia will weigh on the automaker's annual margins.
