Honda Production Down 20% in 2011

Jan. 27, 2012
Except for Nissan, all other Japanese automakers saw decrease in production last year.

Honda Motor, Japan's third-biggest carmaker, suffered a 20% plunge in its global production last year, the company said on Jan. 27.

Honda made 2.91 million vehicles not including motorbikes in 2011, as it struggled with natural disasters, a rising yen and the European economic slowdown.

The figures came as Japan's major car firms announced their annual production for 2011. Toyota, which had already confirmed earlier this week it had lost its position as the world's biggest carmaker, said it produced 7.86 million vehicles, down 8.2%.

Nissan was the only leading Japanese carmaker to increase annual global production despite supply chain disruption from the country's earthquake disaster and floods in Thailand. It produced 4.63 million units, up 14.3% from a year ago, while global sales hit a record 4.67 million vehicles.

Mitsubishi Motors, the nation's fourth largest automaker, produced 1.14 million vehicles, a 2.8% drop.

Copyright Agence France-Presse, 2012

Popular Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!