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

Toyota Motor Company produced 379,093 units in April, across all its global plants, down by 50pc from the prior year. COVID-19 outbreak has dampened demand in all the countries. 


Production in Japan fell by 25pc to 218,054 units while outside Japan, production slipped by 66pc to 161,039 units in the month. The company stated that worldwide production fell for a fourth successive month, while Japan production fell for the seventh month. 


The company sold 423,302 units in April, down by 46pc from the previous year. In Japan, demand for mini vehicles dropped by 20pc to 97,563. Outside Japan, sales plummeted by 51pc to 325,739 units from a year ago.


In Europe, the company produced 577 units from its French manufacturing unit, down by 99pc. 

In China, production, however, rose by 28pc to 143,135 units after the operations resumed in March. 


There was no vehicle production in North America and Latin America amid stringent lockdown rules. Sales in Europe and North America plunged by 83.4pc and 56.4pc, respectively. Toyota restarted production in the US and Canada after May 11. Plants were shuttered for almost 50 days in the region.

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