Transportation
Toyota Sales Hit Third Monthly Record on Japan, US Demand
Toyota Motor Corp.’s sales reached a third straight monthly record in May on strong demand for hybrid vehicles in the US, Japan and China, even as global automakers braced for big losses triggered by President Donald Trump’s tariffs on imported cars.
Toyota’s global sales — including subsidiaries Daihatsu Motor Co. and Hino Motors Ltd. — reached 955,532 vehicles last month, up 8% from a year earlier, the company said Friday. Worldwide production came in at 906,984 units.