Toyota global sales fall 2.3% in February [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
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Source: Yahoo! Finance
The total figure includes sales from subsidiaries Daihatsu Motor and Hino Motors. In China, combined sales of Toyota and Lexus vehicles fell 13.9%, while production dropped 11.5%. The decline was largely attributed to the timing of the Lunar New Year holiday, which affected both output and demand during the period. The February figures do not yet capture any potential fallout from the Iran conflict, which began on the final day of the month. According to a Bloomberg report, the wider automotive industry is evaluating the extent of possible disruptions, particularly given Japanese manufacturers' dependence on the Middle East for roughly 70% of their aluminium supply. The Japan Automobile Manufacturers Association indicated earlier this month that the conflict is beginning to impact supply chains and deliveries. The industry body noted that domestic automakers exported around 800,000 vehicles to the Middle East in 2025, with a total value of approximately Y2.5tn ($15.6bn).
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