Toyota sales fall 5.3% in July as China and Middle East weigh on results

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Toyota sales fall 5.3% in July as China and Middle East weigh on results
Photo: Francois Mori AP/TT

Production also decreased slightly, down 1.4 percent to 934,953 cars in July.

Fierce competition from Chinese rivals in China - the world's largest automotive market - and supply-chain disruptions due to the situation in the Middle East are affecting developments.

Sales in China for the Toyota and Lexus brands fell 24 percent year-on-year. In the Middle East, the decline was almost 45 percent.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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