Toyota said May global vehicle sales, including Daihatsu, fell 7.4% YoY to
885,207 units, marking a fourth consecutive monthly decline; global production
fell 5.8% to 857,765 units. Toyota cited Middle East disruptions and intense
market competition as drivers. Despite a US‑Iran agreement to end hostilities,
navigation through the Strait of Hormuz is only gradually recovering and attacks
on vessels persist, highlighting continued exposure of Toyota and other
automakers to the region’s logistics and energy supply risks — risks that could
pressure the company’s record profit levels from the prior fiscal year.
