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.
-
Banking & Finance2 months agoBank Muscat posts net profit of RO137.49 million in H1 2026
-
Magazines3 weeks agoOER Magazine July Edition 2026
-
Highlights3 weeks agoOERLive: Top 10 Mathematical Problems AI Has Solved or Transformed
-
Banking & Finance1 month agoOman Housing Bank launches digital waiting list for housing loans
-
Magazines3 weeks agoAl Mar’a Magazine July 2026
-
News4 weeks agoMade by Google 2026: Top 10 Biggest Launches You Need to Know – From the New Pixel 11 to a Life-Saving AI Watch
-
Alamaliktistaad Magazines3 weeks agoAlam Al-Iktisaad Magazine July 2026 Edition
-
Banking & Finance1 month agoOERLive ANALYSIS: The Coldcard Hack Shows Why Bitcoin Self-Custody Remains Difficult for Ordinary Users
