Toyota, Honda Lead Increase in Japan's Auto Production as Demand Recovers
Toyota Motor Corp., the world’s largest carmaker, led a seventh straight monthly increase in vehicle production in Japan as a global recovery spurred exports, Bloomberg reported.
Output at the country’s 12 vehicle makers in May rose 31 percent from a year earlier to 708,453 vehicles, the Japan Automobile Manufacturers Association said in a statement today. Exports surged 47 percent to 340,721.
Japanese carmakers scaled back output a year ago, temporarily halting production lines to reduce inventory amid a recession. The companies are boosting production this year as demand recovers in the U.S. and Japan and continues rising in China, the world’s largest auto market.
Toyota’s domestic production in May rose 22 percent from a year earlier to 235,412 vehicles as sales jumped 39 percent and exports increased 15 percent, the company said last week. Honda Motor Co., the nation’s second-largest carmaker, said domestic output surged 42 percent to 74,588 as sales gained 18 percent and exports rose 29 percent.
Nissan Motor Co., Japan’s third-biggest carmaker, raised domestic output 24 percent to 79,430 vehicles as exports grew 95 percent.
More Industry

Autos More Appealing
Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.
Read More →
Used EVs Defy Overall Market
While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.
Read More →
Gone to the Dogs
A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Agent Advocate
Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.
Read More →
Driving Under Distraction
Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
Read More →
Affordable New Cars a Thing of the Past
More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
Read More →