TOKYO — Components provide disruptions continued to have an effect on Japanese automakers’ international manufacturing for February, however the outcomes launched on Wednesday confirmed a transparent distinction amongst them, with Toyota and Honda out in entrance.
Toyota mentioned its group, together with Daihatsu and Hino Motors, produced 884,528 autos globally for the month, a rise of virtually 11 % from the identical month a yr in the past. The group additionally produced a file variety of autos for February in markets exterior Japan regardless of a components scarcity triggered by the COVID-19 outbreak.
Likewise, Honda mentioned its February international manufacturing rose by 8.1 % to 344,712 autos.
Toyota alone exceeded its February international manufacturing goal plan launched a month earlier by nearly 41,000 autos. However the manufacturing degree was beneath the year-ago interval attributable to a COVID-19-induced components provide scarcity in North America and tight components provide in Europe due to rising demand.
Whereas the automaker additionally confronted tight semiconductor provides in China, the corporate mentioned it had used chips that had been rendered surplus from a manufacturing unit shutdown in January attributable to COVID-19 to mitigate this.
Though the semiconductor scarcity and COVID-19 pandemic disrupted provide chains and lowered manufacturing degree in comparison with February final yr in Europe and North America, the issue was not extreme in Asia, the place manufacturing degree elevated in comparison with the identical time final yr.
However in distinction, Nissan mentioned its international manufacturing for February was down 7.8 % year-over-year at 275,437 items because of the scarcity of semiconductors.
Subaru’s February international manufacturing fell by 24 % throughout the identical interval to 47,625. The corporate mentioned it had adjusted and suspended operation due tight provide of components utilizing semiconductors.