Hit by the economic downturn, as well as the United States car sales fall into the self-December 1981 the lowest since factors such as the history of the impact of seven major Japanese car companies are substantially reduced. One of Toyota a huge decline in global vehicle production up 53 percent, a record at least 23 years since the biggest drop.
Toyota vehicle production in February over the same period a significant decrease of 53% to 358,573. This is Toyota in January 1986 since the start of statistical data, the largest drop since. One of Japan's domestic factories to reduce production 64%, foreign Factory output fell 42 percent, exports fell 69%.
In addition the two major Japanese automakers Honda and Nissan production also dropped sharply in February, respectively, 43% reduction and 51% respectively. Suzuki, Japan's fourth carts standing relative decline in global production slightly smaller, only 20% of Mazda's 55 percent drop. In addition, Mitsubishi and Fuji Heavy Industries are also the production rate at 40%.
Japan Automobile Manufacturers Association analysis, resulting in greatly reduced yield is mainly due to the global economic crisis led to new car sales slump, the manufacturers cut production has further strengthened efforts to distributor inventory digestion. February new vehicle sales in Japan (excluding mini-vehicles) dropped 32.4%.
Japan Automobile Manufacturers Association prediction: the year 2009 than in 2008 domestic car sales dropped 8.0 percent, to 4,297,600. This will be near 32-year low record, previous record low of 1977 are the year of about 4,230,000.