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Published 20 days ago

Production and sales of Toyota cars have declined. Results were affected by the price war in China and problems on the domestic market.

Summary by
Toyota announced a decline in production and sales in April. The results were affected on one side by the price war in China and on the other by problems on the domestic market, which were largely influenced by the Daihatsu subsidiary scandal. Reuters reported on this. Toyota's global sales fell in April by 0.9 percent to 797,097 vehicles. China and Japan were most affected, with sales falling by 27 percent and 14 percent, respectively. A signif…

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