Japanese vehicle production in August rose 20.8% year on year to 690,689 units for the 10th successive monthly increase, due to last-minute demand for subsidised eco-friendly vehicles and a plunge last year amid the global financial crisis, an industry body said on Thursday.
But the production level for the month remained around 10% less than the pre-financial crisis level of 771,489 units in August 2008, Kyodo News reported.
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An official at the Japan Automobile Manufacturers Association (JAMA) was also wary over an expected drop in domestic demand following the ending of the government subsidy programme on 8 September.
Production of passenger cars grew 20.4% to 594,564 units, while that of trucks increased 25.3% to 89,858 units, according to the association. Bus production decreased 2.3% to 6,267. Japan’s auto exports rose 22.5% to 337,163 units, marking the eighth straight month of increases, the association said.
By region, exports to Latin America surged 74.6% to 31,934 units, while those to the Middle East increased 59.9% to 41,382. Exports to North America, the main destination for Japanese-made vehicles, decreased 0.4% to 113,295 – the first downturn in eight months.
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