Japan auto sales drops by 37% in March 2011 after the earthquake-tsunami

By on Apr 1, 2011 in Asia, Automobile, Business Comments

Automobile sales in Japan dropped by about 37% as compared the same month last year, after the country was badly hit by the earthquake and tsunami last March 11, 2011.

According to the report from Japan Automobile Dealers Association released on Thursday, March 31, Japan automobile industry suffered a 37% drop on March 2011, as compared to March 2010.

Last month, Japan auto sales recorded to only 279,389 vehicles sold, including cars, trucks and buses, while for sales for minicars were not included in the report.

Toyota car sales was said to have declined by 46% or have only sold 110,667 units excluding the Lexus-brand cars, while Nissan fell by 38% or have sold 45,700 units only.

Meanwhile, Honda Motors reported a 28% sales drop or only 43,329 units last month, having the recent auto sales loss in Japan the highest impact since 1968, according to Bloomberg.

“We are having difficulties having our supply system keep up with demand in the present environment,” Toyota spokesman Dion Corbett was quoted in CNN.

“Our priority is sustaining steady production at our plants and putting emphasis on producing hybrid cars because they are in heavy demand overseas.” Corbet added.

Car parts shortage and power outages were said to have among the factors of the drop in sales, where Toyota plants have suffered the most from temporary production shutdown.

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