Articles for tag: automotive industry trends, consumer trust, domestic scandals, electric vehicles competition, hybrid vehicle demand, market strategies, Toyota sales challenges

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Toyota Faces Sales Struggles Amid EV Competition and Recalls

Toyota Faces Sales Struggles Amid EV Competition and Recalls

Toyota Motor Corp. is facing tough times in Japan and China, grappling with fierce competition from electric vehicle brands. The company is also dealing with domestic issues, including scandals and recalls overseas. Despite these challenges, Toyota is enjoying strong demand for its hybrid vehicles in North America.

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