Mmastodon LifeAutos first seen 6 h ago, last 50 min ago, peak #3
Toyota sales fall again as China slump persists
Original: Toyota Motor's car sales fell again last month due to a prolonged slump in China, where legacy brands are grappling with
Toyota Motor's global car sales declined again last month, extending a slump driven largely by its struggles in China. The Japanese automaker and other legacy brands are losing ground to fast-growing local manufacturers of electric vehicles, which have reshaped the world's largest car market. Analysts see intensifying price and technology competition in China as a mounting challenge for established foreign brands.
Why now: Fresh sales figures show Toyota's continued weakness in China amid fierce competition from domestic electric vehicle makers.
Rank over time, top of the chart is #1. 5 snapshots from 6 h ago to 50 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/374732