Toyota's November car sales drop as China abandons subsidies for EVs and fuel efficient vehicles
Published on: Dec. 25, 2025, 11:17 a.m. | Source: CNBC TV18
Toyota, one of the world's largest automakers, is facing a challenge as its sales and production declined in November, largely due to a significant decline in China, where the nation has discontinued subsidies intended to increase sales of electrified and fuel-efficient vehicles.
