Toyota global output skids for 5th month

By Reuters

Jul 31, 2024 12:24 am

TOKYO — Toyota's global production tumbled in June, down for a fifth straight month with the automaker hit hard by a certification scandal in its home market and a fierce price war in China.

Output worldwide for Japan's biggest automaker slid 12.9 percent to 795,862 vehicles, the sharpest decline since December 2022.

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