Toyota sales drop for third month on declines in China, Middle East
TOKYO, May 28 (Reuters) - Toyota Motor 7203.T on Thursday said global vehicle sales fell for a third consecutive month in April, hit by sharp declines in China and the Middle East.
Global sales dropped 3.1% from a year earlier to 849,306 vehicles. Overseas sales slumped 7.5%, while those in Japan rose 24.2%, as sales rebounded after earlier purchase delays occurred ahead of an environmental tax change.
By region, sales in the Middle East plunged 33.7% to just over 31,000 vehicles and fell 25.4% in China amid tough market conditions. In the U.S., Toyota's biggest market, they slipped 4.6%.
Global production rose 2.0% in April from a year earlier, as a 12.9% rise in Asia helped offset declines in the U.S. and Japan.
Toyota's figures include its luxury Lexus brand.
