Two major car giants in Japan: suspend sales of multiple models

Lack of cores, shortcomings, car pickups and other 4 years? Two major car giants in Japan have suspended the sales of multiple models.

Including components such as chips, the nervous supply chain has brought considerable difficulties to the production of multinational car companies around the world. Japanese car giants Toyota and Nissan have recently suspended sales of multiple models because they are expected to be unable to deliver in time. So, what impact will this forced measure on the car company itself and consumers? When can the supply chain be tight?

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Li Qianwen, a special reporter of Financial Channel: Affected by the tight supply chain, Nissan has suspended a pure electric car and a sports car in Japan since today. In front of a sales store in Nissan in Tokyo, there are not many consumers who come to consult a car in the store. Sales staff said that related products are currently out of stock. Even customers who have finished ordering procedures yesterday are expected to be mentioned until October next year.

Not only Nissan, but due to chip shortage, Toyota also suspended sales of some models. According to reports, because the existing production capacity cannot keep up with the needs of the order, it takes 4 years from a car to pick up the car. In addition, Toyota has recently had some models to cancel orders due to lag in production.

The latest data shows that due to the tension of supply chain, the output of 8 major Japanese car companies in Japan in the first half of this year was 3.42 million units, a decrease of 14%compared with the same period last year. This month, Toyota's six factories in Japan will temporarily suspend production in 9 production lines, and the global output decreases in August by about 17%. Honda is located in Japan's main factory in Japan. It is expected to reduce production by 30 % compared to the original plan.

To make matters worse, under the seventh wave of Japan's new crown epidemic, employee infection also had an impact on Japanese car companies. Last week, the Toyota Motor Factory had a production line forced to suspend production in some time due to the epidemic, which delayed the construction period of Corolla and other models. Another Japanese car company, a factory in Dafa Industry also stopped night shift production for 4 consecutive days because of the epidemic.

Source: CCTV Finance

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