{"id":37728,"date":"2024-10-30T04:45:06","date_gmt":"2024-10-30T04:45:06","guid":{"rendered":"https:\/\/isafespend.com\/?p=37728"},"modified":"2024-10-30T04:45:06","modified_gmt":"2024-10-30T04:45:06","slug":"toyota-worldwide-output-drops-for-8th-straight-month-in-september-by-reuters","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=37728","title":{"rendered":"Toyota worldwide output drops for 8th straight month in September By Reuters"},"content":{"rendered":"
\n
\n

TOKYO (Reuters) – Toyota <\/span><\/span> Motor (NYSE:) said on Wednesday its worldwide production fell for an eighth straight month in September, as both sales and output declined in its two biggest markets, the United States and China.<\/p>\n

The Japanese automaker’s global output for September fell 8% compared to the same month a year earlier to 826,556 vehicles, with U.S. production down 14% and that in China dropping 19%.<\/p>\n

U.S. output suffered from a production and delivery suspension of the Grand Highlander and Lexus TX sport utility vehicles due to an airbag issue.\u00a0<\/p>\n

Toyota resumed production of the suspended models on Oct. 21, it said.<\/p>\n

In China, the world’s biggest automaker continued to face heavy pressure from the shift to electric vehicles and plug-in hybrids sold by Chinese brands.<\/p>\n

Toyota reported a 7% drop in global sales in September to 853,149 vehicles, with U.S. sales slumping 20%, those in China down 9% and domestic sales slipping 6%.<\/p>\n<\/p>\n

Toyota has sold 7.4 million vehicles during the first nine months of the year, down 2% year-on-year.<\/p>\n

The production and sales figures include its luxury Lexus brand. <\/p>\n<\/p><\/div>\n<\/div>\n