Toyota reported mixed sales figures on June 29, showing an 11.1% rise in Japan but a significant 38.6% drop in the Middle East.

1 report, 1 independent Updated Jun 29

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Toyota Middle East

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Part of

Conflict drives up fuel prices in the region, leading to sales declines for market leaders like Toyota.

Also in this story

Both the Chamber of Automotive Manufacturers and the Truck Manufacturers Association reported a combined decline in sales.Oct 16

All 3 developments

The entities involved

Toyota
Japanese multinational automotive manufacturer
- Hyundai, Toyota, and Ford are competing in the high-volume compact SUV segment.Wed 15:32
- The Ministry of Justice utilized Toyota vehicles for its official fleet.Tue 22:01
Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
- The Middle East conflict is causing oil price increases and inflation, leading central banks to manage policy amid global pressures.05:26
- Government urged caution over cumulative effect of hikes as crude strength from the Middle East feeds into rate expectations.05:26

Related events

Policy divisions are affecting established Japanese carmakers, including Toyota.Oct 24

Coverage

Newest first; wire copies grouped

Jun 29yahoo.com