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Toyota Honda suspends production at its China plant after the latest sales of Japanese car companies are announced.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)08/05 Report--

Toyota, Honda, Nissan three Japanese car companies announced the latest monthly sales in China. Overall, Toyota's growth from the only, due to the shortage of semiconductor chips, Honda car sales fell 20%, while Nissan cars due to floods in Henan Province, also fell more than 20%.

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Toyota Motor Corporation released data showing that sales in China in July 2021 were 170,200 vehicles, with cumulative sales of 1.141 million vehicles from January to July. Toyota sales in China are basically ahead of Honda and Nissan, in addition to its Corolla, Asian Dragon, Camry, Rayling, RAV4 Rongfang and other models continue to sell well, luxury brand Lexus is also a source of sales growth that can not be ignored.

However, there have been media reports recently that an assembly line at Toyota's Guangzhou plant in China has been suspended. In response, Toyota China responded to relevant media,"It is true that some production adjustments have been made due to insufficient supply of chip-related parts."

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As we all know, in the past year, the supply problem of semiconductor chips has been affecting the production planning of vehicle manufacturers. As early as January this year, Toyota suspended the production task of GAC Toyota's third production line due to the shortage of semiconductor chips, affecting the succession of its cars and SUV models. It is estimated that an assembly line of GAC Toyota will be discontinued due to semiconductor chips, which will also affect the production and sales volume in recent months.

Honda cars are also suffering from a shortage of semiconductor chips. According to the data, Honda sold 108,100 vehicles in China in July 2021, including 62,000 vehicles for GAC Honda and 46,100 vehicles for Dongfeng Honda. Honda China explained the decline in sales as follows: "The tight supply of parts has led to a decline in car sales in China."

August 4, according to media reports, Honda executive vice president and CEO Kurashi said a few days ago, Affected by the epidemic situation, In order to cooperate with the local epidemic prevention work, The company has suspended its joint venture Dongfeng Honda three Wuhan factory production since August 3, It is expected that the shutdown time will not be very long.

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In response, Dongfeng Honda officials confirmed the news to relevant media. It is understood that Dongfeng Honda's three factories have a total annual production capacity of 720,000 vehicles, mainly producing CR-V, Civic, XR-V and other hot-selling models, which are also the main models supported by Dongfeng Honda sales volume. The shutdown is expected to have a certain degree of impact on production and sales volume.

Nissan fared worse than Toyota and Honda. According to the data, the sales volume of Nissan in China in July 2021 was 95,800 vehicles, down 20.8% year-on-year, among which Dongfeng Limited (Dongfeng Nissan and Qichen) was 79,300 vehicles, down 20.3% year-on-year. Shohei Yamazaki, senior vice president of Nissan Motor Company, chairman of Nissan China Management Committee and president of Dongfeng Motor Co., Ltd., said: "In the past three months, the entire automotive industry including Nissan Motor Company has been affected by external factors and faced challenges, especially Nissan's core operating areas in China have been affected by floods." In other words, Nissan is not only affected by parts shortages in China, but also by the sudden floods in Henan Province.

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It is understood that Dongfeng Nissan has four factories in China, located in Guangzhou Huadu, Henan Zhengzhou, Hubei Xiangyang, Liaoning Dalian, among which Zhengzhou factory dominates the production of Nissan brand SUV models and Dongfeng Qichen brand models, including Qijun, Xiaoke, Qichen and so on.

July 16,, Henan Province a number of urban areas encountered extreme heavy rainfall, the central and western, northwest areas appeared in pieces of heavy rain, some areas appeared extremely heavy rain. According to the latest report, as of 12:00 on August 2, the catastrophic flood disaster caused 150 counties (cities, districts),1663 towns and towns in Henan Province, 14.5316 million people affected. Affected by floods in Henan Province, Nissan's factory in Zhengzhou City was shut down for a time, and its production and sales volume basically stagnated.

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From this month's sales performance, the market performance of the three Japanese car companies is not optimistic, of course, more external factors. Overall, Toyota, Honda and Nissan are affected by parts shortages, while Nissan is more severely affected than any other two car companies due to floods in Henan.

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