Japan Automakers’ May Global Sales Drop 38% as Lockdowns Weigh

New York Times | Jun 29, 2020 at 9:01 AM
  • Japanese automakers’ global sales declined 38% in May.
  • Global production at these automakers fell 62% to 918,974 units in May.
  • 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.