# Toyota's global sales in March fell 5.8% from a year earlier to 983,126 units.

*business · news · 2026-04-27 · The Japan Times *

## Key points

- Toyota's global sales fell 5.8% in March 2024 compared to the previous year.
- Demand for Toyota's RAV4 declined ahead of an upcoming refresh of the model.
- Toyota's worldwide vehicle production increased by 3.9% in March despite lower sales.
- Japanese carmakers depend on the Middle East for about 70% of their aluminum supply.
- Conflict in Iran has raised aluminum prices and threatens to force production cutbacks.

**Companies:** Toyota, Daihatsu, Hino
**Countries:** Japan, Iran

[Read the full story on The Japan Times ](https://www.japantimes.co.jp/business/2026/04/27/companies/toyota-march-sales-decline/)

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