2008 September Archive at Weblog

Used vehicle exports in May increased 6.4%(or 7,475 units larger) from a year earlier to 124,015 units, according to the Ministry of Finance Customhouse Statistics.

Exports in the first five months of this year also rose 17.2% to 580,408 units.

The May shipments bound for Russia increased 26.2% on the yaer to 49,852 vehicles. The market share of that country reached 40.2% The average price of exported vehicles to Russia increased by around 90,000 yen to nearly 660,000 yen per vehicle on an FOB price basis.

Used vehicles bound for Chile also sharply increased by 32.7% on the year to 13,753 units. The average price of exported vehicles to Chile declined by around 10,000 yen to nearly 250,000 yen per vehicle.

Exports to U.A.E. declined 28.9% to 8,394 units. The average price rose by around 25,000 yen to 360,000 yen.

These top three countries took nearly 58% of the total export market.

Exports to New Zealand substantially declined 48.3% to 5,664 units. The average price to NZ, however, increased by around 20,000 yen to nearly 515,000 yen per vehicle.

Exports to Mongolia and Bangladesh showed the largest year-on-year gains in the top 25 destinations for May. Used vehicles bound for Bangladesh doubled to 3,217 units. The average price declined by around 20,000 yen to nearly 940,000 yen per vehicle. Exports to Mongolia rose to3,017 units. Average FOB price fell by around 30,000 yen to 312,000 yen.

On the other hand, exports to the U>K> and Cyprus were in low levels.

Exports to Sri Lanka and Pakistan showed significant decreases on the year.

Medium cars up 15%;small cars fall 16%

New vehicle production in }February rose by 1.9% year-on-year to 1,007,379 units in Japan. This marked the 16th consecutive month of year-on-year increase.

All carmakers but Nissan, Mazda and Nissan Diesel increased their home output on the year.

Producton of passenger cars increased for 16th straight decreased for the first time in two months. Bus production boasted 25th-straight month of increase.

The February production was made up of 473,822 medium & large cars, up 15.3%, 256,219 small cars, down 16.2%, 138,952 minicars, up 7.5%, 57,550 medium-and heavey-duty trucks, up 5.6%, 34,861 light trucks, down 5.6%, 37,520 mini-trucks, down 14.8%, 856 large buses, down 18.7%, and 7.599 small buses, up 27.5%, compared with the year-ago result. Meanwhile, motorcycle production in February totaled 157.873 units, down 1.9% from a year earlier, showing the first increase on the year in four months.

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Monthly Archive for September, 2008

Used vehicle sales in Japan continue to fall

New vehicle exports on the rise

Used vehicle exports in May rise to 124,015 units

Vehicle production rises 16th straight month Sales of minivehicles 14th straight month increase

Japan to help Russian in upgrading Trans-Siberian railway