Toyota Motor Company experienced a 7.2% drop in global vehicle sales for May, reflecting a fourth straight month of downfall. This slump stemmed primarily from reduced demand in China and the Middle East, despite a healthy increase in Japan. Furthermore, production also decreased by 5.5%, especially in the US and Asia, encompassing Toyotas Lexus division.

Toyota Motor Company experienced a 7.2% drop in global vehicle sales for May, reflecting a fourth straight month of downfall. This slump stemmed primarily from reduced demand in…

Global sales in May, including those of subsidiary Daihatsu Motor, fell 7.4 per cent from a year earlier. Read more at straitstimes.com. Read more at straitstimes.com.