Japan: 8 passenger cars, February global production: 15% decrease, new pneumonia hit China
8 passenger cars: World production in February
Eight Japanese passenger cars, such as Toyota Motor Corporation, summarized.
World production in February decreased by 15.9% to 1,855,406 units.
Due to the new coronavirus, production in China has decreased by nearly 90%.
Production in Japan is sluggish due to difficulty in procuring Chinese parts.
The effects of suspension of production are expected to spread to Europe and the United States.
This is comparable to the 2008 financial crisis, when the previous year’s results fell for about a year.
For the first time since the Great East Japan Earthquake, the rate of decline in global production has exceeded 15%.
Nihon Keizai Shimbun
https://r.nikkei.com/article/DGXMZO57395010Q0A330C2000000?s=4
New Corona / World Production of Eight Cars Declined by 15% in Feb. Shutdown in China Resonates |