Toyota's Global Output Slumps In Sept
Source: Agencies |
October 26, 2010, Tuesday
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Print Edition
Print Edition
TOYOTA'S global production fell in September for the first time in a year, while rivals Honda and Nissan increased output.
Toyota Motor Corp said yesterday its worldwide production dropped 1.3 percent to 672,604 vehicles, marking the first year-on-year decrease in 12 months. The world's No. 1 auto maker said the fall was due to weak production in Europe and North America. Toyota's production in Europe sank 29.7 percent to 40,630 vehicles. The company's output in North America slipped 4.1 percent year-on-year to 122,649 vehicles in September.
But Toyota's rivals enjoyed rising growth in output because of strong demand in China. Honda Motor Co said its global production in September rose 9.2 percent to 328,368 vehicles, up for the 10th consecutive month. Nissan Motor Co said its worldwide production grew 27.2 percent to 395,658 vehicles in September, marking the 20th consecutive month of year-on-year increase.
Toyota Motor Corp said yesterday its worldwide production dropped 1.3 percent to 672,604 vehicles, marking the first year-on-year decrease in 12 months. The world's No. 1 auto maker said the fall was due to weak production in Europe and North America. Toyota's production in Europe sank 29.7 percent to 40,630 vehicles. The company's output in North America slipped 4.1 percent year-on-year to 122,649 vehicles in September.
But Toyota's rivals enjoyed rising growth in output because of strong demand in China. Honda Motor Co said its global production in September rose 9.2 percent to 328,368 vehicles, up for the 10th consecutive month. Nissan Motor Co said its worldwide production grew 27.2 percent to 395,658 vehicles in September, marking the 20th consecutive month of year-on-year increase.
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