Learn more

Toyota Motor Corp. said Thursday its global production fell 0.6 percent in July from a year earlier to 804,610 units, dragged down by weaker output in China, where the automaker faces stiff price competition from local brands. Toyota’s production outside of Japan fell 1.0 percent to 495,492 vehicles, as an increase in North America and Europe was offset by a 9.6 percent drop in China, it said. Its domestic output inched up 0.1 percent to 309,118 cars. The resumption in mid-June of production of the Prius hybrid car, which had been suspended due to a recall, made up for production halts of thre…

cuu