Toyota Motor

(TM) - Get Report

said quarterly sales fell for the first time in seven years, according to a published report.

Toyota sold about 2.236 million vehicles worldwide in the quarter ended Sept. 30, down 4.3% from a year earlier,

Bloomberg

reports, citing an e-mail it received from the automaker.

Toyota's U.S. sales slumped 18% to 553,217 vehicles in the third quarter. Toyota has cut output of the Tundra pickup and Sequoia SUVs in the U.S. The carmaker also offered zero-interest-rate loans on 11 models including the Camry and Corolla models, according to

Bloomberg

.

In addition, sales declines in Europe and Japan overwhelmed growth in China,

Bloomberg

reports.

This article was written by a staff member of TheStreet.com.