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.
-
Economy1 week agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
OER Magazines3 weeks agoDossier Oman: Banking, Finance & Insurance Special Edition
-
Banking & Finance1 month agoSohar International Contributes OMR100,000 to Support Those Affected by Al Masarrat Weather Conditions
-
OER Magazines1 month agoOER, March 26
-
News2 months agoReal Estate Price Index in Oman Grows By 13.9%
-
Economy4 weeks agoOPINION: War, Climate, and the Costs We Choose Not to See
-
Oman5 days agoREVIEW: WHOOP and the Rise of Performance Luxury
-
News1 month agoHussain Al Maimani Joins MHD Infotech as Senior General Manager
