Japan's automobile production rises 30.6% on year in May

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Japan's automobile production rises 30.6% on year in May

Source: Xinhua
[13:38 June 29 2010]
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Japan's automobile production rose 30.6 percent in May from a year earlier, the Japan Automobile Manufacturers Association Inc. (JAMA), said in a report Tuesday

According to JAMA, 708,453 units were produced in May, compared with 542,282 units produced in the same month a year earlier, marking a seventh consecutive month of increase on year in May, although the on year total was down compared to the 50.8 percent increase logged in April.

In May, 138,094 more passenger cars were produced than a year earlier with the figure standing at 608,132 units, and the production of trucks increased by 24,860 units to 92040, or 37.0 percent.

Additionally, the production of busses climbed 63.5 percent in the recording month, totaling 8,281 units, JAMA said.

The industry body also noted that domestic sales of vehicles saw an increase of 22.0 percent to 356,148 units in May from a year earlier.

Exports rose 147.1 percent in May from a year earlier, compared to the 189.6 percent rise recorded in April, the data showed, with Toyota, the world's largest automaker, shifting 235,412 units, an increase of 171.2 percent.

Toyota's global car production jumped 27 percent in May as Japanese automakers benefit from improving demand in the US and particularly from other Asian nations.

Toyota, which makes the Prius hybrid and Lexus luxury model, reported recently it produced 637,675 vehicles worldwide in May, with domestic sales increasing year-on-year for the 10th straight month in May, the automaker said.

Nissan, maker of the popular Fuga line of sedan cars, shipped 79,430 units, a rise of 124.4 percent in May on year.

Global production for Nissan stood at 309,287 on year in May, up 41.9 percent from the same month a year earlier. The automaker, which also makes popular March compact city car said demand for its cars rose in Japan, the US, Mexico, Spain and China.

Meanwhile, Mitsubishi's exports from Japan rose 176.1 percent on year, standing at 43,665 units in the recording month, JAMA said.