Toyota Motor Corp.’s record sales run, including steady growth in China and North America, has lost steam after a sharp drop back home in Japan.
Global sales in August — including that of subsidiaries Daihatsu Motor Co. and Hino Motors Ltd. — rose just over 1% from a year earlier to 900,598 units, the company said Monday. Sales that month rose almost 4% abroad to a record monthly high, but fell more than 10% in Japan.
Global production grew almost 4% to 837,869 units.
The world’s biggest carmaker has seen steady growth throughout the year in most major markets despite the recent downturn in Japan and trade turmoil triggered by President Donald Trump’s tariffs on cars and car parts imported to the United States. It even manufactured and sold a record number of vehicles for seven consecut