Nagoya – Toyota Motor Corp. said Monday that its global sales in April dropped 11.1% from a year earlier to 763,708 vehicles, declining for the eighth straight month, hit by a worldwide semiconductor shortage and a COVID-19 lockdown in Shanghai.
Global production fell 9.1% to 692,259 vehicles in April, slipping below the level a year earlier for the first time in three months, as the world’s largest automaker by volume was forced to cut output due to supply constraints, it said.
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