Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Japanese automakers’ production in April has zoomed compared to last year’s slump in production owing to lockdowns and factory shutdowns. A monthly press release from major Japanese automakers was released towards the end of May. 



Honda’s global production in April was a record high at 414,532 units, up 194pc from the prior year. From January-May, production is up 128pc to 1.49mn units compared to 2020. Honda’s production in Japan rose 123.9pc to 65,794 units. Production outside Japan jumped significantly by 218pc to 384,738 units in April. Honda’s total sales improved 106.2pc to 47,817 units in April from 2020. 



Global production reported by Nissan stood at 281,863 units, up 84pc from a year ago. The company reported passenger vehicles production at 47,932 units, up 197pc from the preceding year. Commercial vehicle production in April fell by 1pc to 5,475 units. Auto production in Japan grew 146pc to 53,409 units in April from 2020. Nissan’s global sales rose by 65pc in April to 358,656 units from 2020 levels. Nissan sales report suggests strong growth in Canada and Europe, up 355pc and 465pc, respectively, from a year ago. 



Toyota’s auto production doubled in April to 761,459 units from a year ago. In May, several Japanese automakers have decided to halt operations temporarily in a staggered manner due to a shortage of semiconductors. This will reflect in May’s production, awaited late June. 

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