Japan Autos Report Q2 2013
Report description
With the eco-vehicle subsidy programme ending earlier than the official deadline of January 2013 due to the strong take-up rate of the allocated funds, sales remained weaker for the latter part of 2012. Although BMI was already bearish on vehicle sales for the latter part of 2012, sales for the year came in even weaker than expected, growing 27.5% to 5.37mn units.
For 2013, we expect this trend of weak sales to continue as we do not expect the government to reinstate any subsidies for consumers. Given that these subsidies bolstered sales for much of 2012, it is reasonable to assume that sales in 2013 will contract without the subsidies. We forecast 2013 vehicle sales to fall 11%, to hit 4.8mn units. Given that the subsidies benefitted the small car segment, we forecast small car sales to contract 15% in 2013.
Table of contents
Chapter - BMI Industry View
Chapter - SWOT
Political
Economic
Business Environment
Chapter - Industry Forecast
Forecast
Table: Japan Autos Total Market - Historical Data And Forecasts
Market Overview
Table: Vehicle Production By Company
Table: Vehicle Sales By Company
Industry Developments
Passenger Vehicles
Table: Japan Passenger Car Market - Historical Data And Forecasts
Table: Passenger Car Production By Company
Table: Car Sales By Company
Latest Developments
Commercial Vehicles
Table: Japan Commercial Vehicle Market - Historical Data And Forecasts
Table: CV Production By Company
Table: CV Sales By Company
Company Developments
Motorcycles
Table: Japan Motorcycle Market - Historical Data And Forecasts
Table: Motorcycle Production By Brand
Chapter - Macroeconomic Forecasts
Economic Analysis
Private Consumption Growth To Remain Tepid
Private Investment Growth To Reflect Businesses' Pessimism
Stalling Debt Growth To Restrict Public Consumption and Investment
Drag From Weak External Demand And Rising Energy Imports To Remain
Table: Japan - Economic Activity
Chapter - Industry Risk Reward Ratings
Table: Business Environment Ratings - Autos Industry Asia Pacific
Chapter - Company Profile
Company Monitor
Toyota Motor
Nissan Motor
Mitsubishi Motors
Chapter - Regional Overview
Asia Overview
Thailand: Sales And Production Will Continue Posting Healthy Increases
Malaysia: Sales To Grow And Production Finally More Stable
Sales
Australia: Sales To Contract Due To Tough Macroeconomic Conditions
Japan: Bearish On Sales, Production To Remain Subdued
China: Rebalancing Story To Favour Passenger Cars
India: Government Regulatory Risks In Play
Chapter - Global Industry Overview
Table: Passenger Car Sales, Units, 2012
Japan To Contract, But US Safe (For Now)
Europe Over The Worst?
Even Russia Will Hit The Brakes
Chapter - Demographic Forecast
Japan Demographic Data
Table: Japan's Population By Age Group, 1990-2020 ('000)
Table: Japan's Population By Age Group, 1990-2020 (% of total)
Table: Japan's Key Population Ratios, 1990-2020
Table: Japan's Rural And Urban Population, 1990-2020
Chapter - Methodology
How We Generate Our Industry Forecasts
Automobile Industry
Sources
Get connected:
The just-auto office is currently: Closed
Office opening hours
Mon-Thursdays 9:00am-5:30pm
Fridays 9:00am-4:30pm
The office is closed during weekends.
Current time at just-auto headquarters: 9:07pm (Wednesday, 22 May 2013)
Need help? Contact the research team
