Toyota has recorded its third consecutive month of declining global sales compared with the same period last year, Bloomberg reports. In April, the company, together with its subsidiary brand Daihatsu, sold 902,015 vehicles, down 3.7% year-on-year. At the same time, production increased by 3.4% to 933,685 vehicles.<\/p>\n
One of the main reasons for the decline was the impact of the conflict in the Middle East. Due to logistics disruptions and regional instability, Toyota\u2019s exports to Middle Eastern countries plunged by 92%, falling to just 2,418 vehicles.<\/p>\n
Despite the challenging situation, Toyota has so far managed to avoid complete factory shutdowns, although shipping routes through the Strait of Hormuz remain unstable.<\/p>\n
The company also noted that last year\u2019s figures were artificially boosted by strong consumer demand ahead of the introduction of new tariffs and the launch of the updated Toyota RAV4 crossover.<\/p>\n
Additional pressure is coming from the Chinese market, where Toyota\u2019s sales fell by 25% in April. Japanese automakers continue to lose market share as competition from domestic electric vehicle manufacturers intensifies.<\/p>\n
Other Japanese automakers also reported negative sales trends. Honda\u2019s global sales declined by 7.9% to 265,215 vehicles, while Nissan\u2019s sales fell by 7.6% to 208,663 vehicles.<\/p>\n
Earlier, Toyota warned of an expected decline in profit for the financial year ending in March 2027. The company forecasts operating profit of $18.8 billion, significantly below the previous year\u2019s result of $23.9 billion.<\/p>\n
According to the automaker\u2019s estimates, the impact of the conflict involving Iran and disruptions in raw material supplies alone could cost the company approximately $4.2 billion. Japanese media have also reported that Toyota plans to further reduce production outside Japan by around 83,000 vehicles due to ongoing logistics challenges.<\/p>\n","protected":false},"featured_media":151685,"menu_order":0,"template":"","newscat":[9],"newstag":[],"issues":[],"class_list":["post-151684","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/151684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/151685"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=151684"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=151684"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=151684"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=151684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}