Automotive
Toyota’s global sales fall 34% in May due to pandemic

(WAM) — Toyota Motor said Monday its worldwide vehicle sales plunged 34.1 percent from a year earlier to 609,460 units in May due to the global coronavirus pandemic, German press agency, dpa, reported.
The Toyota group, including Daihatsu Motor and Hino Motors, also said in a statement its global production dropped 56.5 percent to 408,842 vehicles as it temporarily closed its plants in many parts of the world to contain the spread of the coronavirus.
The Japanese multinational expects its global vehicle sales for the current financial year through March 2021 to fall 14.9 percent to 8.9 million units.
-
OER Magazines2 months ago
OER, July 25
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, July 25
-
News2 months ago
OpenAI Strengthens ChatGPT’s Mental Health Safeguards Ahead of GPT-5 Launch
-
Energy2 months ago
SOHAR Port and Freezone Signs MoU to Develop Natural Hydrogen Value Chain in Oman
-
OER Magazines3 weeks ago
Dossier – ToP 25 Personalities 2025
-
Banking & Finance2 months ago
Strong Performance and Strategic Approach: ahlibank announces Its Financial Results for the First Half of 2025
-
Economy2 months ago
Najla Zuhair Al Jamali Appointed President of bp Oman
-
News1 month ago
Ooredoo Wins Silver Stevie® Award for Diversity and Inclusion Excellence