Toyota's new car sales in China in May decreased by 30% year-on-year.

date
06/06/2026
On June 5th, Toyota Motor Corporation announced that the new car sales in China market in May were 102,000 units, a decrease of 31.7% compared to the same period last year.
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According to CNN, a senior Iranian official stated on Friday that a potential peace agreement between the United States and Iran depends on whether the Trump administration agrees to unfreeze $240 billion of Iranian assets and warned that if the US resumes military action, it will "enter a dark path." An advisor to Iran's Supreme Leader said in a CNN interview, "The negotiations are at a standstill and Trump must break this deadlock, the ball is in Trump's court now." Reportedly, Iran is demanding that once a temporary agreement is signed with the US, $120 billion of frozen funds should be immediately unfrozen and another $120 billion unfrozen in later stages. US officials, however, are concerned that unfreezing funds at this stage may weaken a key leverage against the Iranian regime. The advisor to Iran's Supreme Leader described unfreezing the funds as a gesture of trust-building, stating that if the Trump administration unfreezes the funds, it will "open a new chapter for the future of Iran and the US." He also warned that if the US initiates conflict, Iran will widen the "war" beyond the Persian Gulf to include military actions ranging from the Hormuz Strait to the Indian Ocean, the Mandeb Strait, the Red Sea, and the Mediterranean. He said, "We will escalate the war to a new level by attacking other US military bases that have been attacked before," but added that "the likelihood of a war breaking out is low." When asked about the possibility of a meeting between Trump and Supreme Leader Khamenei, he said, "This will not happen as we are currently in the first stage of negotiations and Trump has stalled the talks." This week, Trump said he and Khamenei "seem to get along fine" and would be "honored" to meet with him.
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