In June production of cars, buses and trucks increased 20.3% in Japan, reaching an increase for the 6th consecutive month, due to government’s incentives.
Vehicle output was up to 893,149 vehicles in June, compared to 742,531 vehicles in the same period last year. Domestic sales also increased 43.6%. From January to June auto production saw a rise of 53% to 5.25 million units. Japan’s eight leading car makers managed to boost domestic production considerably.
Toyota’s output increased 25% to 311,672 units, reporting growth for the 11th consecutive month. Honda more than doubled domestic production to 92,021 units, thanks to unexpected sales of its N Box mini vehicle. Daihatsu reported a new output high thanks to strong sales of its minicars, while Fuji Heavy Industries (Subaru) reached a 68.0% gain.
On the other hand Nissan dropped 2.5% to 99,800 units, as it pursued a changeover of its Note compact car. Mitsubishi Motors also fell 22.6% due to yen’s appreciation and sluggish sales in Europe. Exports decreased at Suzuki, Mazda, Nissan, Mitsubishi and Daihatsu. The combined production for the eight car makers from January to June reached 4,987,886 units, an increase of 53%.