Vehicle sales—including that of subsidiaries Daihatsu Motor Co. and Hino Motors Ltd.—totalled 984,348 units last month, the Japanese automaker said Wednesday, down 0.2% versus November 2023. Production declined 9.4% year-on-year to 966,921 units.
While Toyota remains the world's biggest automaker, its business is feeling the strain of intense competition over hybrid gasoline-electric cars in the US and locally made electric vehicles in China. Its hold on markets across Southeast Asia is also being steadily eroded by Chinese competitors.
This story is from the December 26, 2024 edition of Mint Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 26, 2024 edition of Mint Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Zeroing in on one's values to lift productivity
Leadership means having clarity of vision that inspires people to aspire and act
Capital markets require more Hindenburgs, not fewer
Short sellers hold businesses to account, raise the cost of opacity and make markets more efficient
Whether Trump's Tariffs Will Aid or Harm the US Is Far From Clear
Indiscriminate tariffs that don't fit into a larger strategy can hurt the barrier-erecting country more than its trade partners
India, EU Discuss Road Map To Strengthen Trade, Investment
Commerce minister Piyush Goyal holds talks with EU counterpart Maroš Šefčovič
Gaza Ceasefire Begins as Hamas Names the 3 Hostages to be Released
Hamas had earlier blamed the delay in handing over the names on 'technical field reasons'
What protects us from being stabbed in our own homes?
India extracts a very high price from those who hurt its rich and middle class but this shield could weaken
PM Lauds ECI, Indian Space Achievements
PM Modi Also Urged Citizens to Vote Actively, Highlighting Its Role in Strengthening Democracy
Visa issue not affecting ops: BYD
China's BYD is keen to have manufacturing operations in India as soon as 'all factors' suggest a 'go ahead', and the plan is under constant evaluation, according to a top official of the company's Indian arm.
Trump's Deeds May Not Have the Same Bite as His Plans
Trump is a businessman looking to extract a \"good deal\" from his opponents
Nigeria Joins BRICS as Partner State to Boost Investment
Nigeria has become a partner state of the BRICS group of emerging-market powers.
