Toyota's August Global Production and Sales Data Declines and Challenges

TapTechNews September 28 news, on the 27th, Toyota Motor Corporation announced its global production data for August: it decreased by 11.2% compared to the same period last year, to 709,571 units, and has declined for 7 consecutive months year-on-year.

That month, Toyota's production in Japan was 185,680 units, a decrease of 22.2% year-on-year. The reasons include the suspension of production of three models including the YARiS CROSS with certification violations, and due to the impact of Typhoon No. 10 Shanshan, all 14 local factories stopped work in late August.

Toyotas August Global Production and Sales Data Declines and Challenges_0

TapTechNews summarizes the main information of overseas production as follows:

The North America including the United States and Canada decreased by 11.4% to 177,924 units.

China decreased by 4.1% to 136,595 units.

Europe decreased by 2.4% to 31,233 units.

In the UK, the government stipulates that automakers have an obligation to sell zero-emission vehicles that do not emit greenhouse gases at a certain percentage, resulting in Toyota's production in the UK almost halving.

According to Kyodo News, Toyota's global sales that month were 826,863 units, a decrease of 3.1% year-on-year. In Japan, the suspension of production of three models due to certification violations led to a decline in sales; in China, the price competition between Toyota and local brands has intensified, and sales have fallen into a difficult situation, with a consecutive 3-month year-on-year decline.

According to TapTechNews' previous report, the sales of new cars of the three major Japanese automakers in China in August all declined year-on-year:

Toyota has continued to decline year-on-year for 7 consecutive months, with sales of 152,100 units, a decrease of 13.5%.

Honda has continued to decline year-on-year for 7 consecutive months, with sales of 56,959 units, a decrease of 44.3%.

Nissan has continued to decline year-on-year for 5 consecutive months, with sales of 49,204 units, a decrease of 24.2%.

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