Production of cars, trucks and buses in Japan in October fell 1.0% from a year earlier to 888,505 units for the first year-on-year decline in three months due mainly to sluggish domestic sales of passenger cars, the Japan Automobile Manufacturers Association said on Tuesday.
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However, auto exports in the reporting month rose 3.3% to 444,694 units, up for the third month in a row, the association said, according to Kyodo News.
In particular, vehicle exports to the United States surged 13.0% to 149,701 units for the ninth consecutive monthly increase. Sales of fuel-efficient small Japanese cars have been strong in the US market amid high petrol prices.
Output of passenger cars decreased 1.4% to 732,203 units, while that of trucks increased 0.2% to 149,772. Production of buses jumped 29.2% to 6,530 units.
Exports of passenger cars in October advanced 7.4% from a year earlier to 392,105 units, those of trucks declined 23.5% to 45,857 units, and those of buses moved up 24.9% to 6,732 units.
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By GlobalDataIn value, exports of motor vehicles and auto parts in October came to $10.2 billion, up 10.3% from a year earlier, the association said, according to Kyodo’s report.
