Japan automakers post 34% plunge in March global sales
Reuters
Published Apr 28, 2020 04:48AM ET
By Naomi Tajitsu
TOKYO (Reuters) - Japanese automakers saw a 34% fall in global vehicle sales in March when the coronavirus outbreak began to spread globally, and face a further tumble in the coming months.
Toyota Motor Corp (T:7203), Nissan Motor Co (T:7201), Honda Motor Co (T:7267) and the country's four other major automakers posted retail sales of around 1.82 million cars worldwide, down from around 2.77 million a year earlier.
For the financial year ended March, their combined global sales fell 7.3% to 26.5 million vehicles, their lowest in 4 years, Reuters calculations showed based on individual automaker sales figures announced on Tuesday.
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Written By: Reuters
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