The top three Japanese car manufactures on Friday have released figures for January 2012 showing a marked increase in production output and exports.
Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. are poised to raise output volume further in the coming months as government subsidies for fuel-efficient vehicles worth ¥300 billion ($3.8 billion) are expected to continue to buoy demand.
Mazda’s total domestic production volume in January 2012 increased 1.0% compared to January 2011 due to increased production of passenger vehicles.
Toyota said on Friday that production last month surged 17.6 per cent compared with January the previous year to 809,630 vehicles. Rivals Honda and Nissan saw a boost of 6.9 per cent and 3.7 per cent, the carmakers said in statements.
The following are figures for domestic output, exports, overseas and global output of vehicles.