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Toyota widens overseas output cuts as Hormuz blockade hits demand
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Toyota widens overseas output cuts as Hormuz blockade hits demand

Yahoo Finance · May 26, 2026, 10:54 AM · Also reported by 2 other sources

Key takeaways

  • Toyota widens overseas output cuts as Hormuz blockade hits demand.
  • Vehicles affected by the overseas cuts include petrol-engine SUVs in the RAV4 series, assembled in China, and the Innovative International Multipurpose Vehicle series, which serves emerging markets.
  • Toyota had already reduced domestic output by 40,000 units earmarked for Middle Eastern markets during March and April.

Toyota widens overseas output cuts as Hormuz blockade hits demand. The reported production revisions follow a difficult financial year. Credit: irfan_setiawan / Shutterstock.com · Just Auto · irfan_setiawan / Shutterstock.com Global Data Tue, May 26, 2026 at 5:54 PM GMT+7 2 min read TM Toyota has widened its planned overseas production reductions to approximately 83,000 vehicles through to November, up from a previously announced 38,000 units, as the Strait of Hormuz blockade weighs on demand.

The Japanese automaker has notified major suppliers of the revised schedule, citing softening demand across the Middle East and Asia alongside rising fuel prices that are curbing appetite for petrol-powered vehicles, according to a Nikkei Asia report.

Vehicles affected by the overseas cuts include petrol-engine SUVs in the RAV4 series, assembled in China, and the Innovative International Multipurpose Vehicle series, which serves emerging markets.

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