Global vehicle production at Toyota Group (including Daihatsu and Hino) declined by 12.6% to 791,665 units in October as demand slumped in major markets.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Toyota’s October sales in Japan were off 6.9% on last year at 177,606 units.
However, a bright spot for Toyota was its Daihatsu subsidiary that specialises in small cars.
Total production of Daihatsu vehicles in October was up 11.5% to 82,780. That was the twenty-fourth consecutive month of increase due to increased production for the brand (mainly in Indonesia). Daihatsu sales in Japan were up 13.9% to 55,128 units in October.
In the first ten months of the year Toyota Group vehicle production stood at 8,004,661 units, 1.4% ahead of the same period last year.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData