Toyota Motor reported a 2.3% year-on-year decline in global sales to 806,905 units in February, amid competition in China’s electric vehicle segment and softer demand in its home market of Japan. The total figure includes sales from subsidiaries Daihatsu Motor and Hino Motors. In China, combined sales of Toyota and Lexus vehicles fell 13.9%, while production dropped 11.5%. The decline was largely attributed to the timing of the Lunar New Year holiday, which affected both output and demand during the pe ...