8 Japanese companies: Jan 2020 Global production of passenger cars: 8.8% decrease

8 Japanese companies: Jan 2020 Global production of passenger cars: 8.8% decrease

8 Japanese automobile companies:

Eight passenger cars, including Toyota Motor Corporation, summarized on 27th.

Global production in January 2020 was 2,204,000 units, down 8.8% from a year earlier.

The minus was the sixth consecutive month of decline, down 10.4% in October 2019, the largest decline since.

In China, the Lunar New Year holiday has started this January, and the impact of the reduction in factory operation days has been significant.

China production decline:

Toyota and Honda and other five companies with factories in China had a combined production of 324,000 units, a decrease of 20%.

The contraction will continue from February onward due to the spread of pneumonia caused by the new coronavirus.

Honda:

Honda’s global production fell the most in January, down 19.1% to 385,000 units.

Nissan:

Lack of new cars in the United States led to a 18.7% decrease.

Toyota:

New cars in Thailand were down 6.1%. :

Nihon Keizai Shimbun