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August 28, 2015

JAPAN: Honda sets China production record in July

Honda Motor automobile production in Japan in July 2015 fell year-on-year for the 12th consecutive month but output in regions outside Japan rose for the fifth consecutive month, setting a record for the month. This included record July production in North America, the US, Asia and an all-time record in China.

Honda Motor automobile production in Japan in July 2015 fell (-28% to 61,244 units) year-on-year for the 12th consecutive month but output in regions outside Japan rose for the fifth consecutive month, setting a record for the month. This included record July production in North America, the US, Asia and an all-time record in China (+20.1%; 92,771).

Production worldwide rose 7.1% year-on-year to 389,270 units for the second consecutive month following a record high in July.

Honda's automobile sales in Japan last month fell year-on-year (-15.4%; 60,045) for the 10th consecutive month as did new vehicle registrations.

Minivehicle sales fell for the ninth consecutive month (since November 2014).

But Honda's Fit [Jazz] was the industry’s third best selling car with sales of 11,466 units. The Stepwgn was 10th with 6,677 units.

The N-Box was the industry’s top selling minivehicle in July with sales of 11,879 units. The N-Wgn was eighth with 6,059.

ANALYSIS: Honda Europe in crisis – where's the Waku Waku?

Worldwide Production
Jul-15 Year-to-Date Total (Jan. – Jul. 2015)
Units vs.'14 Units vs.'14
Japan 61,244 -27.90% 397,996 -34.60%
Outside of Japan 328,026* 17.70% 2,189,110 7.20%
Worldwide Total 389,270* 7.10% 2,587,106 -2.40%
Production Outside of Japan
Jul-15 Year-to-Date Total (Jan. – Jul. 2015)
Units vs.'14 Units vs.'14
North America 155,630*1 19.70% 1,090,655 5.70%
(USA) 107,477*1 20.70% 754,233 2.10%
Europe 12,661 26.20% 77,756 -2.10%
Asia 147,572*1 14.80% 923,459 8.70%
(China) 92,771*2 20.10% 512,937 0.40%
Others 12,163 21.90% 97,240 19.50%
Overseas Total 328,026*1 17.70% 2,189,110 7.20%
Sales in the Japanese Market
Jul-15 Year-to-Date Total (Jan. – Jul. 2015)
Vehicle type Units vs.'14 Units vs.'14
Registrations 36,433 -8.30% 233,927 -19.60%
Mini-Vehicles 23,612 -24.40% 220,545 -15.20%
Honda Brand Total 60,045 -15.40% 454,472 -17.60%
Exports from Japan
Jul-15 Year-to-Date Total (Jan. – Jul. 2015)
Units vs.'14 Units vs.'14
North America 494 -42.20% 3,460 -55.00%
(USA) 494 -33.00% 3,421 -53.70%
Europe 6,227 2837.30% 7,802 265.80%
Asia 876 15.00% 4,959 20.20%
Others 651 -29.70% 3,996 -26.60%
Total 8,248 199.50% 20,217 4.20%

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