financetom
Business
financetom
/
Business
/
Toyota Motor Reports 11% Decline in August Production
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Toyota Motor Reports 11% Decline in August Production
Oct 2, 2024 11:54 PM

07:07 AM EDT, 09/27/2024 (MT Newswires) -- Toyota Motor ( TM ) reported Friday that August production totaled 709,571 vehicles, down 11% from a year earlier.

Production was impacted by a typhoon that shuttered plants, a certification scandal involving its Daihatsu subsidiary, and a halt to production of two vehicles in the US, Reuters reported.

Production for the first eight months of the year was 6.2 million vehicles, down 5.2% from the same period a year earlier, the company said.

Shares of the company were down more than 2% in recent premarket activity.

Price: 185.00, Change: -4.36, Percent Change: -2.30

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rio Tinto signs 15-year renewable power deal with U.S. based TerraGen
Rio Tinto signs 15-year renewable power deal with U.S. based TerraGen
Nov 13, 2025
(Reuters) -Rio Tinto said on Friday its Kennecott operation in Utah, U.S., has signed a 15-year virtual power purchase agreement with TerraGen to source renewable energy from a new wind farm in Texas. Under the deal, Rio Tinto will buy 78.5 megawatts (MW) of power from TerraGen's 238.5 MW Monte Cristo I Windpower project, which began commercial operations this week....
US to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
US to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
Nov 13, 2025
By Andrea Shalal and Kanishka Singh WASHINGTON (Reuters) -The United States said on Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala and El Salvador under framework agreements that will give U.S. firms greater access to those markets. The agreements are expected to help lower prices for coffee, bananas and other foodstuffs, a senior...
Pfizer's former R&D chief Dolsten pulls out of Novo Nordisk board race
Pfizer's former R&D chief Dolsten pulls out of Novo Nordisk board race
Nov 13, 2025
Nov 13 (Reuters) - Mikael Dolsten, Pfizer's ( PFE ) former research and development chief, has withdrawn his candidacy for Novo Nordisk's board, citing personal reasons, the Danish drugmaker said on Thursday. Dolsten, who led Pfizer's ( PFE ) R&D operations until 2024, informed Novo that he would not seek election at Friday's extraordinary general meeting. He has previously held...
Under Armour parts ways with Steph Curry as restructuring gathers pace
Under Armour parts ways with Steph Curry as restructuring gathers pace
Nov 13, 2025
Nov 13 (Reuters) - Under Armour ( UAA ) and Stephen Curry have parted ways, ending over a decade-long partnership between the NBA star and the sportswear company. Curry, who signed with the brand in 2013 after his Nike ( NKE ) contract expired, created the Curry Brand within Under Armour ( UAA ) in 2020. The brand will become...
Copyright 2023-2026 - www.financetom.com All Rights Reserved