Toyota has weathered the conflict better than other carmakers, keeping factories running despite disrupted routes through the Strait of Hormuz. A longer squeeze fuelling shortages would test that resilience, exposing how deeply global automakers rely on Gulf-linked supplies for parts, materials and energy.
(May 28): Toyota Motor Corp’s global sales posted their third straight month of year-on-year declines, as disruptions due to the Middle East conflict ripple across its business, with exports to the region down by more than 90%.
Global sales in April, including those of subsidiary Daihatsu Motor Co, fell 3.7% from a year earlier to 902,015 units, the company said on Thursday. Production, however, rose 3.4% to 933,685 units.
