Japan’s top global automakers, Toyota, Nissan and Honda, reported a significant drop in production and sales in the first six months of 2020, owing to restrictions related to the COVID-19 pandemic.
Toyota’s H1 2020 production, including output from its subsidiaries Diahatsu and Hino, fell 24.3pc to 673,424 cars and commercial vehicles compared with H1 2019. The company’s sales during the same period under comparison, fell by 17pc to 765,373 units. However, Toyota noted that production will be offset by a mere 2pc in August, with the automaker foreseeing demand recovery in the next half.
Nissan produced 1.46 million cars in the first six months of this year, down 41pc from H1 2019. Automotive sales dipped 31.2pc in the same period to 1.8 million units. Mini-vehicles sales were the first segment to show an incline of 3.8pc in June at 19,553 units.
Honda, along with its Acura sub-brand, reported only its sales numbers for H1 2020. In the year till June 30, 2020, sales fell by 24pc from the first half of 2019, to 592,287 units. The company was affected by a cyber-attack on its production servers across the globe in June.
Production in H1 ended June 30, 2020