Toyota global vehicle sales up 28 percent in Jan-Sept | Inquirer Business

Toyota global vehicle sales up 28 percent in Jan-Sept

/ 02:13 PM October 26, 2012

AP Photo

TOKYO — Toyota sold 7.4 million vehicles around the world in the first nine months of this year, up 28 percent from a year earlier, but its strong growth faces headwinds from a sales plunge in China that could unseat it as the world’s top automaker.

Anti-Japanese sentiment flared in China after Japan nationalized tiny islands in the East China Sea, called Senkaku in Japan and Diaoyu in China, intensifying a territorial dispute. The move set off violent protests in China and a widespread call to boycott Japanese goods.

ADVERTISEMENT

Toyota’s vehicle sales in China dropped to about half of last year’s levels in September to 44,100 vehicles.

Toyota reclaimed its crown as the world’s top automaker from General Motors Co. in the first half.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Japan, Profit, sales, Toyota

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.