Toyota Honda September production hits record high Demand recovers in China and the US October 29, 17:06
Toyota Motor Co., Ltd. and Honda Motor Co., Ltd. announced last month that the number of vehicles produced in Japan and overseas reached a record high for September.
Demand is recovering in China and the United States, and there is a growing movement to recover from the sharp decline caused by the effects of the new coronavirus.
According to the announcements of each company, Toyota produced more than 841,000 units in Japan and overseas last month, an increase of 11% from the same month last year, and Honda increased by 9% to more than 472,000 units.
Toyota's production increased for the first time in nine months, and Honda's for the first time in a year and two months, both of which were the highest ever in September.
This is because demand recovered in China and the United States due to the resumption of economic activity, production at local factories increased significantly, and production in Japan also exceeded the previous year's level. Is the main factor.
In addition, SUBARU increased for 3 consecutive months and Suzuki increased for 2 consecutive months.
Production by eight major Japanese automobile manufacturers continued to decline, with a 60% decrease in April and May due to the impact of the new coronavirus, but increased by 1% last month. The movement of recovery is spreading.
However, in Europe and the United States, the infection is spreading again, and it is unclear how far the impact on economic activities will spread.