Chairman of the Japan Automobile Manufacturers Association (JAMA) Toyoda at a regular press conference

Chairman of the Japan Automobile Manufacturers Association (JAMA) Toyoda at a regular press conference

Toyoda compared the economic impact of the new Corona to the 2008 Lehman shock, saying, "This time, the financial system is relatively sound. But in the Lehman Shock, China was the driving force, supporting the global car market. This time, the impact has spread to the whole world and we cannot expect it to support the market. On the other hand, regarding the current state of the supply chain (parts supply network), he said, "The Great East Japan Earthquake has made us realize how the supply chain is designed to meet Chinese demand, rather than bringing (parts) from China. In general, since the collapse of Lehman Brothers and the Great East Japan Earthquake, production and procurement of parts where they can be sold has progressed one step further than at that time," he said. Regarding the impact on domestic production and sales. (March 19, 2020, Tokyo; Credit: Nikkan Kogyo Shimbun / Kyodo News Images)

  • Product Code
  • ILEA000801807
  • Registered date
  • 2020/3/19 00:00:00
  • Credit
  • THE NIKKAN KOGYO SHIMBUN / Kyodo News Images
  • Media source
  • THE NIKKAN KOGYO SHIMBUN
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  • 4500 × 3000 pixel
  • Resolution
  • 350 dpi
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  • 8.21(MB)*
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  • **The text may be generated by an automatic translation system**

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