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Global output of 5 Japanese automakers fell in January NHK

The global vehicle production of five out of eight major Japanese automakers fell year on year in January due mainly to a significant dent in output in China.

Nissan has reported a drop of 25 percent from the same month last year. Subaru and Honda's outputs sagged by over 20 percent. Mazda and Mitsubishi each saw a 6-percent decline.

Automakers attribute the declines to chip shortages as well as suspensions of operations in China due to a spike in coronavirus infections and the Chinese New Year holidays.

But Toyota, Suzuki and Daihatsu reported year-on-year increases. Toyota's production also fell in China, but officials say the drop was more than offset by increases elsewhere. They also say that's a rebound from last year, when production was often halted at plants in Japan and abroad due to chip shortages.
Summary
Japanese automakers' global vehicle production decreased year-on-year in January, with significant drops in China primarily causing the decline. Nissan, Subaru, Honda, Mazda, and Mitsubishi saw declines of 25%, over 20%, 6%, and 6% respectively. The decrease is attributed to chip shortages and
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ID: 9c330316-9720-4583-a84e-6186b630ee12

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20230228_25/

Date: Feb. 28, 2023

Created: 2023/02/28 16:40

Updated: 2025/12/09 06:53

Last Read: 2023/02/28 16:46