Toyota's six-month sales in China sink to nine-year low as market slumps

What happened: Toyota Motor's sales in China for its fiscal first half, April to September, fell to a nine-year low. Why it matters: The decline comes as Toyota and peers struggle in the world's largest market, where foreign brands face fierce competition from Chinese local low-priced EVs.

Toyota Motor's sales in China for its fiscal first half, April to September, fell to a nine-year low.

The decline comes as Toyota and peers struggle in the world's largest market, where foreign brands face fierce competition from Chinese local low-priced EVs.