AutomobilesHigh oil prices stemming from Iran conflict pressure gasoline-powered autosThe bZ3X SUV, an EV model sold by GAC Toyota. (Photo by Shizuka Tanabe)SHIZUKA TANABEJuly 6, 2026 23:15 JSTSHANGHAI -- Toyota Motor's sales of new vehicles in China in the January-June period fell 17% on the year, the Japanese automaker said Monday, as more consumers move to electric vehicles and other electrified models amid high crude oil prices.
Toyota, Honda see China sales drop in 1st half as buyers shift to EVs
High oil prices stemming from Iran conflict pressure gasoline-powered autos








