Toyota Global Sales Fall for Second Month in March
Global vehicle sales dropped to 897,871 units in March due to a sharp decline in the Middle East and a model changeover for the popular RAV4 sport utility vehicle.
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TOYOTA MOTOR CORP reported a second consecutive month of declining global vehicle sales in March, as the automotive giant faced headwinds from regional instability and a major model transition for its flagship SUV.
Global sales for the automaker, which includes the luxury Lexus brand, contracted by 7.3% compared to the previous year, totaling 897,871 units. The downturn was felt across both domestic and international markets, with sales in Japan dropping by 7.8% and overseas deliveries falling by 7.2%.
