Toyota global sales extend decline in May, hit by China, Middle East slump

While Japan saw an 11.1 per cent increase, driven by popular models, production also fell globally by 5.5 per cent.

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Toyota Motor said on Monday that global vehicle sales slipped for a fourth consecutive month in May, as decreases in China and ‌the ⁠Middle East weighed ⁠on overall results.

Global sales dropped 7.2 per cent year-on-year to 834,279 vehicles, Toyota said in a release. Overseas sales fell 9.6 per cent, while those in Japan rose 11.1 per cent, ⁠helped by ‌strong demand for models such as RAV4 and ⁠bZ4X.

By region, sales in China plunged 31.7 per cent amid tough market conditions, partly due to rising petrol prices, while those in the Middle East slumped 38.6 per cent. In the US, ‌Toyota’s top market, they edged down 0.6 per cent.

Global production declined 5.5 per cent from ⁠a year earlier, as a 3.8 per cent drop in the US and a 13.3 per cent decrease in Asia offset a rise in Japan.

Toyota’s figures include its luxury brand, Lexus.

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