TOKYO (Reuters) – Toyota Motor (NYSE:) stated on Wednesday its worldwide manufacturing fell for an eighth straight month in September, as each gross sales and output declined in its two greatest markets, america and China.
The Japanese automaker’s international output for September fell 8% in comparison with the identical month a yr earlier to 826,556 automobiles, with U.S. manufacturing down 14% and that in China dropping 19%.
U.S. output suffered from a manufacturing and supply suspension of the Grand Highlander and Lexus TX sport utility automobiles as a consequence of an airbag problem.
Toyota resumed manufacturing of the suspended fashions on Oct. 21, it stated.
In China, the world’s greatest automaker continued to face heavy stress from the shift to electrical automobiles and plug-in hybrids bought by Chinese language manufacturers.
Toyota reported a 7% drop in international gross sales in September to 853,149 automobiles, with U.S. gross sales slumping 20%, these in China down 9% and home gross sales slipping 6%.
Toyota has bought 7.4 million automobiles through the first 9 months of the yr, down 2% year-on-year.
The manufacturing and gross sales figures embrace its luxurious Lexus model.