Japan’s April car production drops by half

Japanese car manufacturers Honda and Toyota reported on Friday a global production drop of around half for April compared to figures the same period last year.

Toyota reported a 47.8 percent slump in April to 308.555 vehicles while Honda announced a 52.9 percent drop year-on-year.

The car manufacturers said the production decrease was due to a shortage of parts which was triggered by the supply chain disruption following the March earthquake and tsunami.

According to Honda, production volume in Asia and Oceania is likely to start picking up in July as the supply of parts from Japan gradually increases.


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