Three of Japan’s five major car makers have posted record-high overseas production in financial year 2005, as they continue moving production overseas.
Reuters said Toyota boosted overseas output 19.3% to 3,731,253 units in the year to 31 March, while Nissan Motor reported a 12.1% rise to 2,073,472, and Honda a 10.7% hike to 2,199,501.
But Mazda, which had record sales of 307,918 in the previous year, saw a 0.4% drop to 306,831 while overseas output at Mitsubishi Motors declined 12.0% to 675,380.
According to the news agency, Toyota said its 14th straight yearly rise in overseas output came after it drove up production in almost all regions in the year.
Nissan reportedly said its record figure mainly reflected the rise in its sales in the United States to a record 1,075,097, topping the million mark for the second consecutive year.
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By GlobalDataHonda also noted that its overseas output topped the previous year’s levels for the ninth consecutive year, attributing the buoyancy to output increases in North America and Asia, Reuters added.
It noted that, after years of decline, Mitsubishi saw rebounds across the board – domestic sales, exports and domestic output – with Japanese production soaring 17.8% to 706,048 and domestic sales up 13%.
Mazda also compensated at home by pushing up its sales 0.3%.
In contrast, domestic sales at Toyota, Nissan and Honda declined 1.2%, 5.4% and 1.0%, respectively and all except Nissan posted year-on-year export rises, Reuters said.