views

Toyota sales fall by a quarter

Toyota’s sales in Japan fell by around 25 per cent compared to last year the firm said yesterday. Katsuaki Watanabe, Toyota’s president, said domestic vehicle production would exceed 11,000 units a day in June and July. Toyota’s Prius Hybrid, unveiled last week, received record orders exceeding 80,000 before sales started. Japan's top three car makers have slammed the brakes on output in the quarter which ends in March to avoid inventory build-up.