Japan Auto Exports to US Plunge 76.5%
February 28, 2009 by admin
According to figures from the Japan Automobile Manufacturers Association, passenger car exports from Japan plunged 60.9% in January to 200,347 units (including 7,560 knock down units), down 311,969 units year-on-year.
Auto shipments to the US plummeted 76.5% to 45,876 units; exports to Europe fell 63.2% to 50,864; Asia-bound exports fell 54.8% to 18,021; and shipments to Latin America dropped 54.4% to 19,941.
Japanese domestic passenger car production fell 41.2% in January to 494,843 units. Production of standard cars (engines with displacement greater than 2.0 liters) fell 58.3% to 214,057 units; small car production dropped 26.5% to 162,039 units; mini car (engines <660 cc) production rose 9.4% to 118,747 units.
Toyota’s domestic production dropped 40.3% to 209,224 units; Honda was down 23% to 77,224 units; Nissan’s was down 59% to 47,477 units.
The declines marked a fourth straight month of year-on-year drop.
Image of a container ship unloading its contents at the Port of Los Angeles by tomsaint11 on flickr under the Creative Commons license
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