Toyota Motor (TM.US) said on Thursday that weakened demand and the update of its popular SUV model RAV4 caused the company's global production and sales to decline for the first time in two years during the first half of this year. Global sales from January to June fell by 2.9% year-on-year to just over 5 million units. Production dropped by 1.2% year-on-year to less than 4.9 million units. In June alone, Toyota's global sales grew modestly by 0.1% to 868,454 vehicles, while production increase

Toyota Motor (TM.US) said on Thursday that weakened demand and the update of its popular SUV model RAV4 caused the company's global production and sales to decline for the first time in two years during the first half of this year. Global sales from January to June fell by 2.9% year-on-year to just over 5 million units. Production dropped by 1.2% year-on-year to less than 4.9 million units. In June alone, Toyota's global sales grew modestly by 0.1% to 868,454 vehicles, while production increase

智通财经2026/07/30 21:51

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Toyota (TM.US) said on Thursday that due to weak demand and the revamp of its popular SUV model RAV4, the company’s global production and sales fell in the first half of the year for the first time in two years. From January to June, global sales dropped 2.9% year-on-year, to a little over 5 million units. Production fell 1.2% year-on-year to just under 4.9 million units. In June alone, Toyota's global sales edged up 0.1% to 868,454 units, while production increased 2.9% to 879,321 units.

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Deutsche Bank points out that as central banks in the US, Europe, and Japan are tightening policy simultaneously, the market may still be underpricing the eventual terminal rates. With oil prices remaining high, inflation may spill over into core inflation and wages. Moreover, financial conditions have not tightened in tandem, which could weaken the effect of rate hikes. Citing the experience of 2022, Deutsche Bank notes that the market then expected a total of around 200 basis points of Fed rate hikes in the first year, but the final figure exceeded 400 basis points, illustrating that the market often underestimates the terminal rate.

华尔街见闻•2026/09/21 16:11