Toyota August sales, global production lower

Trading in Toyota shares was down about 5% in pre-market New York Stock Exchange (NYSE) activity, after the Japanese automaker said on Friday that its global production and sales were weaker in August

In the month, the company's worldwide production was 808,023 units, down 12.6% from last year. Production inside Japan fell 23.2% year-over-year to 242,360 units. Production outside of Japan was 565,663 units, down 7.1%.

Total Toyota sales in August were 888,689 units, down 3.7%, with a 9.6% drop in sales in Japan, and a 2.4% decline in sales outside Japan. Total Toyota exports in August totalled 136,891 units, down 16.3% from last year.

Worldwide 2024 cumulative total production was 6.81 million units, down 8.9% from the prior year, and sales were 6.98 million units, down 3.9%. In the pre-market activity on the NYSE, Toyota shares were trading at $180.00, down 4.94%.