Car Production in Japan Slips 3%

Domestic production by Japan’s eight largest carmakers dropped 3% to 743,100 units in October, according to company data. It was the industry’s first year-on-year decline in three months.

Volume fell at Toyota (-6% to 260,400 units), Mazda (-8% to 84,400), Honda (-1% to 74,500), Fuji Heavy (-3% to 63,000), Suzuki (-13% to 62,200) and Mitsubishi Motors (-23% to 44,300).

Production in Japan climbed last month for Nissan (+37% to 95,500). Output at Daihatsu was unchanged at 58,800 units.