In May 2024, Toyota's global production declined 4% to 812,191 units, with a 22% decrease in China.
Toyota's global production in May 2024 declined for the fourth consecutive month, falling by 4% to 812,191 units. The decline is particularly notable in China, where local brands have become more competitive, resulting in a 22% decrease in production. Toyota's worldwide sales rose by 0.3% in May, with growth in overseas markets offsetting declining sales in Japan and China. Both sales and production figures include the luxury Lexus brand.
June 27, 2024
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