3 Japanese Automakers’ U.S. Sales Plummet in Jan.-March
10:30 JST, April 3, 2022
NEW YORK (Jiji Press) — Three major Japanese automakers saw their sales of new automobiles in the United States plunge in the January-March quarter from a year before, according to their announcements Friday.
The automakers—Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. — continued to see their sales hampered by shortages of automobile parts such as semiconductors.
The drop was also a reaction to strong sales a year before, when economic activity began to resume after being held up by the novel coronavirus crisis.
Toyota’s U.S. sales sank 14.7% to 514,592 units, with sales of its mainstay RAV4 SUV dropping 11.4 pct.
But the automaker continued to beat U.S. auto giant General Motors Co. in new vehicle sales in the United States for the fourth consecutive quarter.
GM’s new auto sales fell 20.1% to 512,846 units.
Honda’s U.S. sales plunged 23.2% to 266,418 units. A Honda official said that the automaker is “continuing to take action to maximize production despite not yet resolving” issues regarding parts supply chains.
Nissan’s sales plummeted 29.6% to 201,081 units.
"Business" POPULAR ARTICLE
-
Japan, U.S., Philippines to Strengthen Nickel Supply Chains; Reduce Reliance on China for Critical Minerals
-
Shinkansen to Have Private Rooms by FY 2026, JR Tokai Announces
-
Survey: 80% Worried About Recognizing AI as Patent Inventor; Respondents Fear Increase in Unverified Inventions
-
Ride-Sharing Services Start in Tokyo; Kanagawa, Aichi, Kyoto, Others To Follow Suit
-
Japan’s Docomo To Sell Contactless Smart Rings; Users Can Make Payments at the Wave of a Hand
JN ACCESS RANKING
- M6.0 Earthquake Hits Japan’s Tohoku Region; Fukushima, Iwate, Miyagi Prefectures Observe 4 on Japanese Scale With No Risk of Tsunami
- China Mutes Memorialization of Reformer Hu Yaobang; Memories Could Spark Critique of Xi Administration
- Shinkansen Services Suspended After Man ‘Searches for Phone’ on Tracks; Disruption Affects About 14,000 Passengers
- U.S. 7th Fleet officer Arrested on Suspicion of Stealing Sushi, Sashimi, Chicken at Kanagawa Shopping Mall; Suspect Caught Mid-Meal
- UNRWA Director Describes Catastrophic Destruction in Gaza; Says Relief Trucks Robbed, ‘People’s Hearts Destroyed’