Japanese production down 24.3% over 9 months 2020
- While European production is down 30.1% over the nine months of 2020 (compared to the same period of 2019), and American production is down 23.2%, the Japanese automobile production (passenger and light utility vehicles) recorded a drop of 24.3% over this period, a level equivalent to that recorded in the United States.
- Japanese production returned to its pre-crisis level only from September 2020. At this rate, 2020 could end with a drop of around 20% compared to 2019. In volume, this drop would represent a loss of 2.5 million vehicles over the whole year.
- Which carmakers have managed better? Suzuki is the carmaker with the less production decrease in Japan in 2020 (-18%). Subaru is down 20%, Honda 21% and Toyota 23%. However, Toyota remains the leader in Japan with a production of 2.67 million vehicles over the cumulative nine months of 2020, representing a 48% share of the Japanese production, carried out under four different brands: Toyota, Daihatsu, Lexus and Hino.
- The largest production drops recorded on Japanese territory in 2020 were recorded by Isuzu (the smallest of the Japanese carmakers), Mazda and especially Renault-Nissan (represented in the country by Nissan, Mitsubishi and Infiniti) which saw its production drop by 36%. This poor result, added to what we observed in the United States, suggests a historic decline for the Renault-Nissan group in 2020.
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