Two of Japan’s top five automakers said on Friday that production in Japan rose in October from a year earlier while three manufacturers reported declines.
Go deeper with GlobalData
According to The Associated Press (AP), Toyota said its production in Japan rose 0.6% compared to the same month a year ago to 314,705 vehicles, marking the second straight month of increase. Toyota’s exports climbed 2.9% to 177,349 vehicles in October for the third consecutive month of rise, boosted by brisk exports to North America and Latin America.
Nissan Motor reported a 16.1% decline in October production to 102,112 vehicles, due to slower sales of the X-Trail SUV and the Cube compact car models while exports rose 0.6% to 59,866 vehicles, the report said.
Honda reportedly said its production in Japan fell 5.8% year on year to 99,304 vehicles, marking the fourth straight month of decrease, and exports also dropped 12.7% to 39,424 vehicles for a third consecutive month of decline.
Mazda said it’s domestic production slipped 5.1% to 71,419 – the first decrease in five months, AP noted. Sales in Japan rose 0.7% to 21,169 vehicles and exports climbed 5.2% to 55,262 vehicles.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataMitsubishi Motors‘ rose 23.9% on year to 58,658 vehicles in the latest reporting month, rising for the fifth straight month, but exports slipped 0.2% to 33,185, The Associated Press said.
