Saturday, June 4, 2011

Toyota and Nissan continued to cut production

Toyota and Nissan


Toyota Motor and Nissan Motor recorded in June, the maximum reduction in the volume of production among Japanese automakers in the decreasing sales due to rising unemployment.

Toyota, Japan's largest automakers, had decreased production of the 11 th consecutive month. The volume of production decreased by 24% compared to the same month last year.Nissan, the third-largest automakers country has produced 22% fewer vehicles than in June 2008. Production of Honda Motor, the second largest Japanese automakers, fell by 20%.

Japanese automakers in the past month have reduced production in North America to reduce inventories, as sales in the U.S. in the first half of 2009 decreased by 35%. Companies have also cut production in Japan, despite the launch of the Government program of tax incentives to stimulate sales of baby car, including the new hybrid models of Toyota and Honda.

"At the global level, the sale of the vehicle, apparently reached the lower limit and begin to recover, but recovery will be slow - believes manager Intelligence Automotive Asia Ashvin Chotai. - In the medium term, sales in the United States did not reach the level of 2005 and 2006. It also is difficult to expect a substantial recovery sales in Japan. "

Intelligence Automotive predicts decline in sales in the United States to about 9.8 million vehicles in the 200 - year to 13.2 million vehicles a year earlier, and then - rising to 10.8 million vehicles in 2010.

Japan's automakers association expects that the outcome of the current fiscal year, sales in the domestic market will be the lowest in three decades. Wide sales are projected association will drop in the fiscal year ended at March 2010, compared to the previous year at 8.5% - up to 4.3 million vehicles. The peak value of sales was recorded in 1990 - 7.78 million vehicles.

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