Production of cars, trucks and buses in Japan grew 6.4% year on year in October to 912,138 units, rising for the fourth straight month, the Japan Automobile Manufacturers’ Association said on Tuesday, according to a Dow Jones report.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
According to Dow Jones, the association said output increased in every vehicle category, while domestic demand and exports in the month were stronger than a year ago.
Domestic vehicle demand totalled 443,082 units, up 1.3% from a year earlier while the association estimated vehicle exports in the month rose 5% and will release complete export figures later, Dow Jones said.
Solid small car sales in Japan and brisk exports continued to support domestic production, while truck output showed only a marginal increase.
Dow Jones said Japanese passenger car output in October climbed 7.4% to 765,872 units, while truck production edged up 0.6% to 140,036 units. Bus production rose 22.6% to 6,230 units.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
