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The company reported its third consecutive month of year-on-year sales declines. Exports to the Middle East dropped more than 90 percent amid regional conflict.
The Japan TimesToyota Motor reported its third straight month of year-on-year global sales declines in April. The drop follows disruptions linked to the Middle East conflict. Global sales, including those of subsidiary Daihatsu Motor, fell 3.7 percent from a year earlier to 902,015 units. Exports to the Middle East region declined more than 90 percent.
Production rose 3.4 percent to 933,685 units during the same period. The company maintained factory operations despite shipping disruptions through the Strait of Hormuz. The company has kept output higher than some other carmakers facing similar route interruptions. A prolonged disruption could affect parts, materials, and energy supplies tied to Gulf routes.
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news.sky.comThe European Commission is reviewing expert recommendations for phased restrictions on children's social media access. President Ursula von der Leyen said new legislation could be proposed after the summer.
The European Union sanctioned nine people and four entities on July 13, 2026. Britain sanctioned 24 people and entities the same day over a network active since 2010.
app.buzzsumo.comPresident Donald Trump directed Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to examine Australia's superannuation model. The move came during July 6 meetings focused on expanding U.S. retirement options. Fortune reported the announcement alongside data…