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Japan, car production at a 45-year low

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(ANSA) – TOKYO, FEB 28 – Domestic car production in Japan drops to its lowest levels in 45 years due to the slowdowns on assembly lines caused by the coronavirus pandemic, and the current shortage of semiconductors could continue to impact the sector for the whole of 2022. Based on data from the Manufacturing Association of Japanese Car Manufacturers (Jama) – which brings together the top 8 car manufacturers in the country, in 2021 the output fell by 2.7% to 7.85 million cars, a trend that has been going on for three years and compares with the 13.49 million cars produced in the 90s. In this regard, the analyzes believe that it will be very difficult for manufacturers to maintain the current employment guarantees and the functionality of the factories with current production levels. Domestic auto output in Japan has consistently hovered above 10 million at the turn of 1980 and 2008, but saw a downsizing to 7.9 million units in 2009 with the gradual appreciation of the yen leading to many manufacturing companies to open new plants abroad, gradually reducing the presence at home. According to the JAMA survey, cross-border production recorded an increase for the third consecutive year, settling at 16.46 million units in 2021, an increase of 7.1% compared to the previous year, driven by demand in the United States. and other secondary markets. (HANDLE).

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Source: Ansa

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