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Toyota Global Production Falls 7% in First Half of Year, Hit by Certification Issues and China Slowdown

TOKYO, Oct 31 (News On Japan) –
Toyota Motor Corp. introduced that its international manufacturing from April to September fell by 7% in comparison with the earlier yr, totaling 4,705,037 models. This is the primary time in 4 years that manufacturing figures have fallen beneath the prior yr’s outcomes.

Contributing components included a three-month manufacturing halt for fashions just like the Yaris Cross in home factories because of certification irregularities, together with weaker gross sales in China. The firm additionally reported that international gross sales dropped by 2.8% to five,028,830 models, marking the primary year-over-year decline in two years.

Source: テレ東BIZ

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