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Domestic output of Toyota, Honda falls in July, Nissan sees growth

08/28/2015 | 03:03am US/Eastern

The vehicle output in Japan of Toyota Motor Corp. and Honda Motor Co. dropped in July amid the lingering effects of the country's tax hike on minivehicles, but Nissan Motor Co. saw a year-on-year rise thanks to the popularity of its X-Trail sport utility vehicle, data showed Friday.

Japan's major automakers have been struggling to shore up domestic demand as consumers remain reluctant to buy new cars following the increases in the consumption tax in April 2014 and the ownership tax on minicars a year later.

Toyota's domestic production fell 3.2 percent from the previous year to 297,492 units, while Honda's declined 27.9 percent to 61,244 units. Nissan manufactured 82,668 cars in the month, up 4.3 percent.

Toyota, which surrendered its top spot in global sales to Volkswagen AG in the first half of 2015, sold 137,366 cars in Japan, down 6.6 percent. Its exports fell 12.6 percent to 153,889 units.

Honda's domestic sales dropped 15.4 percent to 60,045 cars, while its exports nearly tripled to 8,248 units.

Nissan sold 51,075 cars in July, down 8.3 percent, shipping 48,037 cars overseas, up 10.6 percent.


© Kyodo News International, Inc., source Newswire

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