Vehicle production in Japan falls 4,5% in September.
The decline occurred due to slow sales in the domestic market. Meanwhile, Japanese car exports rose 8,8%, marking the second consecutive month of increase.
Production of cars, trucks and buses in Japan fell 4,5% in September compared to the same month in 2010, the Japan Automobile Manufacturers Association reported today. This was the first decline in two months and was due to slow domestic sales.
Vehicle production fell to 883.593 units, compared to 925.003 in September 2010. Domestic demand totaled 462.192 vehicles, down 2,1% from the same period.
Japanese vehicle exports rose 8,8% – the second consecutive month of increase. With their supplies back in order, Japanese automakers increased foreign sales to compensate for losses incurred after the March 11 earthquake.
Exports totaled 477.911 vehicles in September, compared to 439.230 vehicles in the same month of the previous year.