Mixed Results for Japanese Automakers
Wed, 05/24/2006 - 4:02am
Nissan Global Output Falls Sharply
Worldwide production at Nissan Motor Co. Ltd., Japan's second-largest auto maker, dropped 21% in April, the company announced this week. This represents a planned drop that will reduce inventory.
Three Japanese Carmakers Post Production Increases
Toyota Motor, Honda Motor Corp. and Mazda announced that their global production rose in April. Toyota produced 640,665 vehicles in April globally, up 5.9% from the same month of last year. Overseas production at Toyota rose 3.2% to 298,656 vehicles. The company’s domestic production jumped 8.4% to 324,009 units.
Honda posted a global production increase of 4.3% to 288,394 vehicles for the ninth consecutive month. The company’s domestic output rose 5.5% to 103,097 vehicles, while its overseas production posted a 3.6% increase to 185,297 units. Mazda also reported an increase in global production, up 9.1% to 105,410 vehicles.
Mazda is 33% owned by U.S. automaker Ford Motor Co., and announced overseas production jumped 21.7% to 28,876 units for the fourth consecutive month. Its domestic production rose 5.1% to 76,534 units.