|
| Japanese automakers report output, export plunges in July |
| Press Trust of India / Tokyo Aug 28, 2009, 16:11 IST |
|
Japan's top five automakers, including Toyota and Honda today reported heavy year-on-year plunges in their global production and exports in July due to a prolonged slump in demand worldwide.
Among the five, Mitsubishi posted the steepest global production drop from a year earlier of 45.6 per cent to 63,540 units.
The Toyota group, the world's biggest carmaker, saw its global production decline 20.7 per cent to 645,405 units.
Global output also decreased 24.3 per cent to 258,972 units at Honda, 16.4 per cent to 105,434 units at Mazda and 15.9 per cent to 265,623 units at Nissan, Kyodo news agency reported.
Honda reported the sharpest export decline of 64.6 per cent, followed by a 63.6 per cent drop at Mitsubishi, a 50.0 per cent fall at Nissan, a 40.7 per cent decrease at the Toyota group and a 20.0 per cent decline at Mazda.
Meanwhile, year-on-year domestic sales declines in July narrowed from double-digit declines in the previous month to single-digit ones at the Toyota group, Nissan and Mitsubishi.
At Mazda, however, a domestic sales drop widened to 14.3 per cent in July from 9.7 per cent in June.
Honda posted a 6.3 per cent increase in domestic sales, the first rise in three months, the report said.
Japanese auto makers have idled plants and slashed thousands of jobs in the wake of the global economic crisis.
|
|
|
|
|
|
|
|
|
|
 Read Business news in |  |
|
|
|
|
|
|
Advertisements |
|
|
|
|
|
|
|
|
|
|
Content Guide
