The epidemic caused Japanese car companies’ sales to plummet in April

Affected by the stagnation of economic activity caused by the global epidemic of the new pneumonia epidemic, sales of major Japanese auto companies declined in April to varying degrees. According to Reuters statistics, total sales of the eight largest Japanese automakers fell by 54.4% in April.

According to “Japan Economic News” reported on the 28th, Toyota Motor Corporation announced the sales of vehicles in April that day, of which global sales were 423,300 units, a decrease of 46.3% compared with the same period last year, setting a monthly low record; global automobile production was 379,000 units A year-on-year decrease of 50.8%. Toyota Motor Corporation ’s global sales have fallen for four consecutive months, with overseas sales setting a record low of 51.1%. The biggest drop in the European region is due to the strict blockade measures taken by France and the United Kingdom to reduce car sales by 83.4%. Toyota ’s US sales fell by 53.9% compared to the same period last year. Toyota said this month that it expects profits to fall by 80% this year to its lowest level in nine years.

Nissan Motor Co., Ltd. also released its car sales in April on the same day. Among them, domestic automobile production in Japan decreased by 6.8% compared with the same period last year; exports were 11.02 million units, a decrease of 6.3% compared with the same period last year. Nissan’s sales in Japan and abroad have also declined to varying degrees, with 29.97 million units and 192.6267 million units respectively. Although Nissan Motor’s sales in China slightly exceeded last year, it has dropped significantly in Europe and North America. In addition to these two companies, Honda Motor’s global sales fell 43% in April.

The Chinese and American auto markets that Japanese automakers have always relied on are showing very different trends. According to the latest monthly automobile production and sales data released by the China Association of Automobile Manufacturers, China ’s auto sales in April increased by 4.4% year-on-year, ending a 21-month decline in which German and Japanese market shares rose. The data from the analysis company JDPower shows that the U.S. car retail sales in April have been halved.