Toyota, Nissan and Honda increase production as demand rises in the U.S.
By Andrew C., 26 Aug, 2010. 0 Comments
2010 Toyota Camry
Honda Motor Co. and Nissan Motor Co. increased global vehicle production in response to the increasing demand in Asia and the United States. In a statement, Toyota disclosed that it built 62% more cars than a year earlier, with 591,109 vehicles made in April. Its exports rose by 117% to 150,118 units, while overseas output increased by 55%. Production in Japan rose by 71%. Nissan built 57% more cars and light trucks to 319,673 units compared with April 2009. Meanwhile, Honda made 27% more vehicles to 294,308 vehicles. The rise in production of these three companies is believed to be due to the recovery in car demand in the US and Japan and the persistent sales increase in China. This is excellent news when compared to the situation a year ago when output was lowered and production lines were temporarily halted to reduce inventory during the recession. It's awesome to note as well that auto sales in the US increased for a sixth month in April. Compared to a year ago, Toyota's sales were up 24%, Honda's deliveries rose 13% and Nissan increased by 35%. [via autonews - sub. required]
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