Global Production by 8 Major Automakers Falls 4.1% in August to 1,742,545 Units

時事通信··JPCNIN·Read original
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Summary · why it matters

Global production by eight major automakers in August came to 1,742,545 units, down 4.1% from the same month a year earlier, the companies announced on the 29th. Output fell amid sluggish demand in China and Asia, and the Kumamoto earthquake in late July also weighed on results, halting domestic production at some operations. Nissan Motor's global production dropped 19.5%, with a particularly sharp decline in China, while Toyota Motor also posted a 5.9% decrease. Honda, which idled some plants after the Kumamoto earthquake damaged suppliers and disrupted logistics, saw a 12.6% decline, and Daihatsu Motor fell 10.9%, hit both by plant shutdowns and by the rebound from strong new-model sales a year earlier. Suzuki, meanwhile, continued to perform well in India and posted a 22.1% increase.

Impact on assets 5

Electrification & Mobility± Mixed · 4 stocks
Nissan Motor Co., Ltd.
7201
▼ NegativeDemandrelevance

Nissan's global production dropped 19.5%, with a particularly sharp decline in China.

Toyota Motor Corp.
7203
▼ NegativeDemandrelevance

Toyota posted a 5.9% production decrease amid sluggish demand in China and Asia.

Honda Motor Co., Ltd.
7267
▼ NegativeSupplyrelevance

Honda idled plants after the Kumamoto earthquake damaged suppliers and disrupted logistics, contributing to a 12.6% production decline.

Suzuki Motor Corp.
7269
▲ PositiveDemandrelevance

Suzuki continued to perform well in India and posted a 22.1% increase in global production.

Semiconductors▲ · 1 stocks