Toyota Prius (reference image)

Toyota’s domestic sales fall for first time in eight months; October results

Toyota Motor Corporation announced its results of production, domestic sales and exports for October 2016. According to these results, global production declined for the second straight month, falling 7.3% to 750,713 units.

Domestic production suffered a 6.1% drop to 260,426 units, as it recorded a deficit for the first time in three months. Due to declines in markets such as Europe, Asia, Australia and Africa, production overseas fell for the second month in a row, deteriorating 7.9% to 490,287 units.

Domestic sales decreased 1.9% to 122,990 units, resulting in its first deficit in eight months. Sales for the Lexus brand dropped 7.2% to 3,816 units. Meanwhile, sales of mini cars climbed 29.7% to 2,896 units. Toyota’s market share (excluding mini cars) went up 1.7 percentage points to 49.4%.

As a result of reduced demand in North America, Latin America, Oceania and the Middle East, exports decreased for the second straight month, falling 4.0% to 156,058 units.

(Translated by Masayuki Shikata)