Toyota Motor Sales U.S.A. Inc. reports its worst monthly sales decline in a year-long slump, with July deliveries off 18.7% from like-2007 on an adjusted basis. It is the largest drop-off in Toyota’s monthly U.S. sales since October 2002, when it registered a 20.6% decline, Ward’s data shows. Excluding October and November 2007 (at 0.5% and 0.3%, respectively), Toyota has not had a positive monthly sales result since June 2007. Toyota Div. sales were off 17.6%, while the auto maker’s ...

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