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New car sales in Japan hit 45-year low NHK

New figures from Japan's auto industry show the extent to which manufacturers suffered last year from a semiconductor shortage and lockdowns in China, which new car sales plummeting to the lowest figure in 45 years.

Industry groups say automakers shifted 4,201,321 new units in 2022. That's down 5.5 percent from a year earlier.

Automakers had to slash their output when they couldn't get the chips they needed and the zero-COVID measures in China forced parts makers to pause production.

Industry officials say supply issues are still hurting the automakers and it's hard to see when things will recover.
Summary
2022 saw a significant drop in new car sales in Japan due to semiconductor shortages and China's zero-COVID measures, with sales falling to the lowest figure in 45 years. The automobile industry reported selling 4,201,321 units, a 5.5% decrease from the previous year. Production was cut as
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ID: 2e86de80-d1ea-40e9-b8ad-5353d6d652ce

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20230105_32/

Date: Jan. 5, 2023

Created: 2023/01/08 19:02

Updated: 2025/12/09 09:24

Last Read: 2023/01/08 21:07