Tags: Japan Auto Production

Toyota Global Production Falls in November

Monday, 27 December 2010 01:14 PM EST

Toyota Motor Corp., the world's No. 1 automaker,has Friday that its global production in November fell for the third straight month, even as Japanese rivals Nissan and Honda expanded output.

Toyota, whose reputation took a hit this year from massive recalls, said its worldwide production fell 8.7 percent from a year earlier to 656,924 vehicles. Production outside Japan rose 0.3 percent thanks to higher output in South Africa and elsewhere in Asia.

The maker of the Corolla and Prius hybrid recorded a 9.4 percent fall in exports and a 35 percent slide in domestic sales, which tumbled industrywide because of the expiration of government subsidies for eco-car purchases.

Tokyo-based Honda Motor Co. produced 317,473 vehicles globally in November, up 5.4 percent from a year earlier and the 12th straight month of growth.

Production in China and Asia hit a record high for the company, Honda said Friday. In China alone, it made 61,955 vehicles, up 2.7 percent from the previous year. Honda's exports rose 71 percent, while sales in Japan plunged 37 percent.

Nissan Motor Co., based in Yokohama, Japan, made 372,106 vehicles during the month, up 19 percent and a record high for November, the company said. Robust demand for the new March compact car and the NV200 van drove China production up 19 percent on year to 91,633. That helped offset an 8.6 percent output decline in the U.S.

Among other automakers, Mazda Motor Corp.'s global production jumped 22.6 percent to 120,991 vehicles in November. Mitsubishi Motors Corp. produced 103,848 vehicles, up 11.2 percent.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Companies
Toyota Motor Corp., the world's No. 1 automaker,has Friday that its global production in November fell for the third straight month, even as Japanese rivals Nissan and Honda expanded output.Toyota, whose reputation took a hit this year from massive recalls, said its...
Japan Auto Production
256
2010-14-27
Monday, 27 December 2010 01:14 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved