Toyota's global output declines for ninth straight month in October
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Toyota's global production fell for the ninth consecutive month in October, with significant declines in the US and China. However, the decrease was less severe than in previous months.
November 28, 2024 | 5:00 am
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Toyota's global production fell for the ninth consecutive month in October, with significant declines in the US and China. However, the decrease was less severe than in previous months.
The continued decline in Toyota's global production, especially in key markets like the US and China, suggests potential challenges in meeting demand and could negatively impact revenues. However, the milder decline compared to previous months may indicate some stabilization.
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