Toyota global production drops for the 7th straight month

The Japanese carmaker sold 12,682 BEVs in August

According to reports, Toyota Motor Corporation's global production figures have dropped for the 7th consecutive month. Reports blame domestic scandals and recalls abroad for the declining production and sales numbers.

Global output of Toyota, including its subsidiaries Daihatsu and Hino Motors, fell by 12.6% in August to 808,023 units, compared to the same month last year. Reports also stated that global sales of the automaker dropped 3.7% year-on-year, while in its home market of Japan, sales fell by a massive 9%.

Toyota is said to be facing intense competition from China. Toyota sales in China dropped by 13.5% with 152,065 units sold in August. Reports claim Toyota has scaled back its 2026 annual EV sales goal from 1.5 million to 1 million, amidst the downturn in demand for EVs.

The Japanese carmaker sold 12,682 BEVs in August, of which only 119 were sold outside the home market. In comparison, Toyota managed to record 336,848 units of hybrid sales last month - 22% more than last year.

Source: Reuters