Toyota's global sales slide 7% in February, led by slumps in China and Japan

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Canada Headlines News

Canada Latest News,Canada Headlines

Explore stories from Atlantic Canada.

Sail GP Halifax: The Extreme Race Experience | SaltWire #racing #sailing #catamaranTOKYO - Toyota Motor's global sales dropped 7% in February from a year earlier, hurt by a heavy decline in China due to Lunar Year holidays and a slump in Japan after a safety test scandal at its small car unit.

For January and February combined, however, the sales decline in China was a much milder 0.7%, although that was still less than a 6.4% rise in passenger vehicle sales sector-wide, according to data from an auto industry association.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan's corporate service inflation steady in FebruaryExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Bank of Japan's rate hike sets 'positive backdrop' for Japan equitiesFor the first time in 17 years, the Bank of Japan has hiked interest rates, up to a range of 0% to 0.1%. In response, the Yen has begun to slide against the ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

China Youth Unemployment Rises in February After Data RevampChina’s youth unemployment rate ticked up in February as the jobs market for recent graduates remains under pressure in the world’s second-largest economy.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

BYD Takes On EV Laggards Toyota, VW With Steep China Price CutsNot content with unseating Tesla Inc. as the world’s top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and Volkswagen AG in one of the most aggressive rounds of discounting seen in China’s bruising price war.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

iPhone shipments declined by 33% in China in FebruaryAccording to figures reported by China's government, Apple (AAPL) iPhone shipments have fallen around 33% in the month of February. The data comes as the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Morning Bid: Japan, China rein in buck as quarter nears endA holiday-shortened final week of the quarter started with a whimper in financial markets, with the buoyant dollar knocked by concern about Japanese and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »