Toyota Reports 2.3% Sales Drop as China Weakness Deepens [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
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Source: Yahoo! Finance
Toyota Motor Corp. ( NYSE:TM ) is starting to show early signs of strain as February data points to softening demand in key markets, particularly China, where competition in electric vehicles continues to intensify. The company reported a 2.3% year-over-year decline in global sales to 806,905 units, with Toyota and Lexus brand sales in China falling 13.9% and local production down 11.5%, partly reflecting the timing of the Lunar New Year holiday. While Toyota has so far held relatively steady through a broader slowdown in EV demand and ongoing tariff-related costs, the latest figures suggest underlying pressure could be building before the full effects of recent geopolitical developments are felt. Warning! GuruFocus has detected 3 Warning Sign with HMC. Is HMC fairly valued? Test your thesis with our free DCF calculator. The broader industry backdrop appears similarly challenged. Honda Motor Co. ( NYSE:HMC ) reported a 6.6% drop in global sales for February to 249,414 units, in
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