AutoBeta(AutoBeta.net)04/01 Report--

The impact of slowing growth in the US, China and European auto markets, Toyota Honda Nissan and other eight Japanese passenger car companies in February global production fell 4% to 2.207 million units.

According to "Nihon Keizai Shimbun" reported on March 28, Toyota and other eight Japanese passenger car companies released data on March 28 show that Toyota and other eight Japanese car companies in February global output decreased by 4%, of which Japan's domestic output increased by 0.8% to 822,000 vehicles. Toyota added 12 percent and Honda added 11 percent. Overseas production fell 6 percent to 1.385 million units. In addition, exports from eight Japanese car companies increased by 0.1% to 396,000 vehicles.

Among the 8 enterprises, the output of Nissan declined the most, and the sales volume at home and abroad was unsatisfactory. Nissan's domestic sales in Japan fell 6 per cent in February, believed to be affected by problems related to former chairman Gohn, who was arrested in November 2018. On the export side, SUV Qijun's exports to Europe decreased, affecting the overall situation. In addition, Subaru's domestic production decreased by 21% due to the impact of a long shutdown caused by defective parts in January, while exports also decreased by 46%.

At home, affected by the Spring Festival holiday, the car sales data in February was not as eye-catching as those in other months. In addition to Toyota, the sales volume of Honda, Toyota, Nissan and Mazda, the four major Japanese brands, declined.

Toyota's overall sales in China in February were 80,000 units, up 3.3% from a year earlier, the only Japanese automaker to achieve proportional growth, while Nissan's sales in China in February were 76,745 units, down 1.8% year-on-year. Among them, Dongfeng Nissan passenger car sales (Nissan and Qichen) fell 3.4% to 66386 units. Honda's February sales in China were 75,907 units, down 1.5% from a year earlier. Among them, the terminal sales volume of GAC Honda in the month was 40508, down 4.2% year-on-year, and the terminal sales volume of Dongfeng Honda was 35399, with a year-on-year growth of 1.8%.

Mazda is the worst, sales have declined for 10 consecutive months! Mazda released China market sales data show that February monthly sales of 11,544 units, a year-on-year drop of 42.5%, two major sales channels are: FAW Mazda sales of 5,037 units, Chang 'an Mazda sales of 6,507 units.

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