Japanese car makers' sales, output gain
JAPAN'S biggest auto makers posted major production and sales gains in April, as robust growth in China and elsewhere in Asia continued to fuel demand.
Toyota Motor Corp, the world's biggest car maker, yesterday said it made 591,109 passenger cars, trucks and buses during the month, up 61.5 percent from a year earlier.
Its exports jumped 122 percent, and domestic sales rose 50 percent.
Toyota's results indicate that its vehicles remain popular despite massive global recalls that have hurt its reputation for quality. Along with advances in Asia, its decision to offer unprecedented sales incentives is paying off in North America.
Meanwhile, global production and sales at Nissan Motor Co hit record highs for the company. Total output rose 57 percent from a year earlier to 319,673 units. Sales expanded 32 percent to 307,010 units. Nissan said it made a record 91,798 cars in China in April. Nissan's vehicle exports jumped 70 percent during the month.
Toyota Motor Corp, the world's biggest car maker, yesterday said it made 591,109 passenger cars, trucks and buses during the month, up 61.5 percent from a year earlier.
Its exports jumped 122 percent, and domestic sales rose 50 percent.
Toyota's results indicate that its vehicles remain popular despite massive global recalls that have hurt its reputation for quality. Along with advances in Asia, its decision to offer unprecedented sales incentives is paying off in North America.
Meanwhile, global production and sales at Nissan Motor Co hit record highs for the company. Total output rose 57 percent from a year earlier to 319,673 units. Sales expanded 32 percent to 307,010 units. Nissan said it made a record 91,798 cars in China in April. Nissan's vehicle exports jumped 70 percent during the month.
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