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Leading Japanese Carmakers’ Production Rebound

9:45 AM | Labels: , , , |


Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all increased global vehicle production in April as the Japan’s largest carmakers responded to rising demand in Asia and the U.S.

Toyota, the world’s biggest automaker, made 62 percent more cars than a year earlier, producing 591,109 vehicles in April, it said in a statement today. Exports at the Toyota City, Japan- based company more than doubled, rising 117 percent to 150,118 units, while overseas output went up by 55 percent. Production in Japan increased 71 percent.

Output at Honda, Japan’s second-largest automaker, increased 27 percent to 294,308 vehicles from 231,399 a year earlier, the Tokyo-based company said in a statement today. Nissan, which ranks third by unit sales among Japan’s automakers, said production of its cars and light trucks surged 57 percent to 319,673 units compared with the same month last year.

The three automakers built more vehicles as demand recovered in the U.S. and Japan and continued climbing in China, the world’s largest auto market. A year ago, carmakers scaled back output, temporarily halting production lines to reduce inventory amid a recession.

Auto sales in the U.S. rose for a sixth month in April. Toyota’s sales rose 24 percent to 157,439 vehicles, while Honda’s deliveries in the country increased 12.5 percent from a year earlier to 113,697 units. Nissan climbed 35 percent to 63,769.
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