Toyota’s global production situation steadily recovering; local production currently down by 50%

Local operations have been hit pretty hard
by Drei Laurel | Sep 30, 2020
PHOTO: Toyota
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Yesterday, the Toyota Motor Corporation gave the public a look at its 2020 global sales figures. While the COVID-19 pandemic (which is still ongoing) has been rough on the auto giant, the carmaker already appears to be on the right track, making up lost ground and continuously increasing its sales every month since April 2020.

Also revealed yesterday were the carmaker’s global production figures. The Philippines is currently facing a 50.1% year-on-year decline in total production from January to August 2020. April was practically a lost month for Toyota Motor Philippines, with zero vehicles produced. The carmaker has managed to bounce back in each of the months since then, though. Look:

2020 Toyota Motor Philippines production

  1. January 2020 – 3,509 units (2.8% year-on-year decline)
  2. February 2020 – 3,631 units (12.1% year-on-year increase)
  3. March 2020 – 1,969 units (48.3% year-on-year decline)
  4. April 2020 – 0 units
  5. May 2020 – 563 units (88.4% year-on-year decline)
  6. June 2020 – 1,829 units (64.3% year-on-year decline)
  7. July 2020 – 2,788 units (49.0% year-on-year decline)
  8. August 2020 – 2,950 units (41.7% year-on-year decline)
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As with the Japanese brand’s Philippine sales, local vehicle production looks a lot rougher when compared with its global performance.

Globally, Toyota has produced 634,217 units, which is a 23.8% year-on-year decline. May was the company’s roughest month in terms of global production with only 365,909 units manufactured for a 54.4% year-on-year decline. Toyota has ramped up production in June (588,816 units), July (691,091 units), and August (634,217 units):

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2020 Toyota global production

  1. January 2020 – 712,945 units (6.1% year-on-year decline)
  2. February 2020 – 625,750 units (13.8% year-on-year decline)
  3. March 2020 – 640,973 units (20.6% year-on-year decline)
  4. April 2020 – 379,093 units (50.8% year-on-year decline)
  5. May 2020 – 365,909 units (54.4% year-on-year decline)
  6. June 2020 – 588,816 units (24.0% year-on-year decline)
  7. July 2020 – 691,091 units (10.2% year-on-year decline)
  8. August 2020 – 634,217 units (6.7% year-on-year decline)

At least the past few months have been a good look for the carmaker in terms of manufacturing. If you want to see Toyota’s current sales situation, both locally and abroad, you can check it out here.

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So, how long do you think it will be before the company’s production situation normalizes? Let us know in the comments.

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PHOTO: Toyota
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