TOKYO: Japanese automakers' global sales declined 38 per cent in May, in the third straight month of big falls as most automotive factories and dealerships remained closed due to coronavirus lockdowns.
Car demand has plummeted globally since March as people were forced to stay indoors in most countries due to lockdowns to control the outbreak, leading to deep uncertainty about the longer-term economic impact. Japan's biggest automaker Toyota Motor Corp sold 609,460 vehicles in May, down 34 per cent from a year ago. Nissan Motor Co's sales fell 37.3 per cent on year to 272,873 units, while sales at Honda Motor Co slipped 29 per cent to 327,000 units.Vehicle sales fell in nearly all regions, with North America and Europe being the worst hit. China was the only bright spot, where Toyota, Nissan, and Mazda reported higher sales.
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