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

Toyota, Nissan, and Kia recorded minimal production and sales decreases in July compared to the same month a year ago, while Honda’s struggles continued with volumes plunging by 23pc.


Toyota produced 691,091 cars in July, down by 10.2pc from the same month in 2019, and its global sales fell by 12pc to 747,300 units. The company’s output, excluding Japan, slid by 1.2pc to 437,234 units. 


Korean automaker Kia sold 216,945 units worldwide in July, declining by 5pc from a year ago. Nissan’s global production declined by 18.9pc,mainly because of major decreases in Spain and Japan, to 312,896 cars. Production topped the previous year’s numbers in China and Mexico by 9.4pc and 12pc, respectively. Nissan recorded global sales of 340,032 units in July, dropping by 13.8pc from the prior year period. 


American Honda’s car sales declined 30pc in July to 54,067 units, offset by truck sales falling by 16pc to 81,858 units. The company’s total sales fell annually by 22pc in July to 135,925 units. 


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