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Toyota Sales Fall Again as Middle East Collapse and RAV4 Shortage Hit

Toyota reported declining global vehicle sales for the second consecutive month in March, blaming a sharp drop in the Middle East and a model changeover for the RAV4 SUV for dwindling deliveries.The company said global vehicle sales shrank 7.3% from the same month a year ago to 897,871 vehicles, including sales of the Lexus luxury brand. In Japan, Toyota sales fell 7.8% to 142,225 units, while in overseas markets they were down 7.2% to 755,646 units.US Sales Affected by RAV4 Changeover, Tariffs

Toyota

In the United States, Toyota and Lexus sales dropped 8.5% to 211,617 units, with the automaker noting in the sales report that the decli …


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Author: Dan Mihalascu

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