Yaris Import Crash The First of Many Tough Choices for Toyota — Panjiva
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Yaris Import Crash The First of Many Tough Choices for Toyota

Belgium 24 Cons. Discr. - Autos 1227 Japan 624 Tariffs 1844 Trade Deals 1009 U.S. 5374 USMCA 459

Toyota has started to rationalize its model offerings in the U.S. market in response to declining auto sales. That can be seen in global revenues that fell 2.3% on year earlier in the third quarter as well as a 1.7% drop in global production in the 12 months to Sept. 30. In particular Toyota will stop selling the Yaris sub-compact in the U.S.  That shouldn’t be a surprise after seaborne imports of the model to the U.S. fell 31.6% in the third quarter year over year vs. 2.5% for all Toyota’s models. Looking ahead Toyota’s supply chain decisions will depend on more than just sale. U.S. tra...

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