Toyota Sees Sales Decline as Iran Conflict Looms Over Operations

Toyota Motor Corp. saw sales decline in March as demand dipped for its best-selling RAV4 ahead of the refresh of the SUV, while the conflict in Iran threatens to cut...

By Tsuyoshi Inajima · Bloomberg

Toyota Motor Corp. saw sales decline in March as demand dipped for its best-selling RAV4 ahead of the refresh of the SUV, while the conflict in Iran threatens to cut off key supplies and force manufacturers to dial back production.