Toyota reports drop in global production, while rivals’ climb

Toyota reports drop in global production, while rivals’ climb For the first time in a year, Toyota has reported a drop in its global production for the month of September, with a 1.3% decrease to 672,604 vehicles, the result of slow sales in Europe and reduced output in the United States.

The company’s production volume in Europe dropped by 29.7%, with ebbing sales in the UK and Turkey responsible for the slump. As for the United States, volume was down by just over 4%, the result of a reduced output after the company shut down its joint venture plant, New United Motor Manufacturing Inc in California, in April. Nummi is where new occupants Tesla Motors will be building its electric vehicles from.

That, of course, contrasts with the output growth enjoyed by Honda and Nissan, which are benefitting from a strong demand in China. Honda’s global production went up by 9.2% to 328,368 vehicles in September, the 10th straight month it has risen year-on-year. It said production in Japan jumped 21.9%, helped by demand for its Fit hybrid, which the company launched early this month.

Meanwhile, for the 20th straight month, Nissan’s production climbed 27.2% globally to 395,658 vehicles year-on-year, with volumes increasing in China and the United States. Elewhere, both Mazda and Mitsubishi also reported improved output percentages, Mazda by 9.4% percent to 117,413 vehicles and Mitsubishi by an impressive 30.9% to 114,191 vehicles.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Steven on Oct 26, 2010 at 12:01 pm

    Hooray! Good for Honda. Go Honda go! Honda The Power Of Dreams.

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  • Alifz on Oct 26, 2010 at 12:10 pm

    Toyota need to adress the defect which is now alluring most of it product..

    Paddles, brakes defect etc. makes people staying off from T brand now..

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  • the fall of the giant

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  • JonLing on Oct 26, 2010 at 1:53 pm

    ……and I am wondering why those other brands are not doing as well locally, especially for Nissan, Mazda and Mitsubishi………

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  • S.Roma on Oct 26, 2010 at 2:11 pm

    Mitsubishi by an impressive 30.9% to 114,191 vehicles.

    (I like that !)

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  • their engine is the biggest problem,with same cc but less power compare with other brand

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  • viva elite on Oct 26, 2010 at 3:00 pm

    Recalled by recalled… sooner or later it will effect sales and production. Poor Toyota. Somehow work harder to maintain #1.

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  • cyberspace on Oct 26, 2010 at 4:54 pm

    Where are other malaysian T core fans???

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  • wolfsburg on Oct 26, 2010 at 5:36 pm

    Kia achieved 187,251 with 20.6% y-o-y growth in September, Hyundai achieved 314,355 with 1.8% y-o-y growth… Year to date Hyundai and Kia both achieved 20.7% and 30.8% respectively… The combination of Hyundai and Kia achieved 501,609 in September alone…

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  • White Jack on Oct 26, 2010 at 6:23 pm

    Toyota cars quality getting worse !!

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  • VW…its your time now to be the world’s local car

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  • sonyman on Oct 26, 2010 at 10:40 pm

    that sounds like a great news…

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  • Trans on Oct 27, 2010 at 12:47 am

    goodla, serve you right toyota, you think your brand name so big can give lowsy stuff like 4 speed auto etc. now you kena… ppl not stupid anymore la!

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  • nolan on Oct 27, 2010 at 12:51 am

    Toyota drops…..?
    that means Proton will be world’s no 2…?

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  • bobdbilder on Oct 27, 2010 at 1:40 am

    The strong Yen doesn’t help either as about half of production (3.5million units annually) is in Japan. But Japan is the key bastion for them. We could see the Central Bank trying to intervene, It won’t be pretty. Last month Toyota Europe said they’ll meet the target of 800K units. So if they make 300K the last quarter, they’ll be good. But its end of the year (read more expensive oil if its colder than normal) with gas prices rising in the USD 80++ brackets. They’ve got lots to worry about.

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  • autojohndoe on Oct 27, 2010 at 9:32 pm

    but, dont underestimate toyota… becuase, even they drop in volume… they obssessive in cost reduction activity is unimaginable..

    maybe seems like they loss in numbers… but they may still maintain in dollars…

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  • Mitsu Fan on Oct 28, 2010 at 9:05 am

    gogogo Mitsubishi !

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