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ECONOMY > Economic Indicators

8 Japan automakers’ domestic output down 4.7 pct in Nov.

  • December 24, 2021
  • , Jiji Press , 8:41 p.m.
  • English Press

Tokyo, Dec. 24 (Jiji Press)–Combined vehicle production in Japan by eight major domestic automakers in November fell 4.7 pct from a year before to some 710,000 units due to continued shortages of semiconductors and other parts, data from the companies showed on Friday.

The makers’ domestic production marked the fourth consecutive month of decrease. But the pace of decline was slower than in October, when production fell by some 40 pct, indicating that the impact of parts shortages has eased.

Production fell at five companies. Nisan Motor Co. <7201> suffered the steepest decline, of 23.6 pct, led by weak production of SUVs for the U.S. market.

Toyota Motor Corp. <7203> posted a 7.9 pct drop, due in part to production adjustments. Its global production was nearly flat at some 820,000 units, far short of its plan for one million or more.

Toyota said its domestic production is on a recovery trend. Production rose at Daihatsu Motor Co. and Honda Motor Co. <7267>.

The eight companies’ combined overseas production decreased 7.8 pct to some 1.49 million units. Their global production slid 6.8 pct to some 2.2 million units.

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