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Monthly Archive for January, 2010

Used vehicle sales decline for 10th straight

29th January 2010
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Sales of over-1,000cc engine used vehicles in November declined 1.3% on the year to 295,865 units, showing the 10th straight monthly drop.

According to Japan Automobile Dealers Association, the November total was made up of 118,571 midsize & large-size cars, down 4.4%, 135,343 small cars, up 2.9%, 13,963 heavy-and medium-duty trucks, down 10.2%, 19,734 light trucks, down 0.4%, 1,032 buses, up 9.9%, 6,106 special purpose vehicles, down 10.7%, and 1,114 heavy-duty special purpose vehicles, up 9.9%.

Sales of used vehicles in the January-November period of 2009 totaled 3,727,429 units, down 5.7% from a year earlier.

The 2009 sales will likely to reach around 4 million unit level.

November exports down 24% year-on-year

15th January 2010
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Used vehicle exports in November 2009 totaled 73,237 units, down 24%, the smallest range in 2009, from a year earlier, according to the Ministry of Finance Customhouse statistics. It marked the 14th consecutive month of year-on-year decline since October 2008. The November 2009 exports also remained flat compared with the previous month.

According to an analysis of the International Auto Trade Association (iATA), increased volume to such destinations, including New Zealand partially offset the reduction of used cars destined to Russia and Chile year on year.

In January-November period of 2009, 606,857 used vehicles have been exported , 51% behind last year.

United Arab Emirates became the largest market for November with 9,016 units, up 18% year-on-year. Average FOB prices, however, down roughly 30,000 yen.

Exported used vehicles to New Zealand jumped to 8,511 units, marking the fourth on year. The average FOB prices also rose by roughly 60,000 yen.

South Africa came to third with 7,381 units, up 46%.

Exports to Russia scale backed from last year’s 40,766 units to 6,026 vehicles in November, down 85%. Used vehicles bound for Chile also fell by 31% to 5,131 units. The average Fob prices educed by roughly 40,000 yen.

In the top 25 destinations, 19 marked year on year increases, including Malaysia (up 178%), philippines (up 156%), Suriname (up 111%), Hong Kong (up 107%), Jamaica (up 216%), Guyana (up 163%), Georgia (up 115%), Afghanistan (up 195%), Malta (up 113%), and UK (up 284%).

In contrast, exports to Bangladesh largely declined by 56% to 1,868 units. Vehicles bound for Uganda also reduced by 47% to 1,161 units.

Compared with the previous month (Oct. 2009), the November exports to Bangladesh (from 3,782 to 1,868 units) and Suriname (from 470 to 2,168 units) showed large variations.

October deregistrations for export drop 63.7%

07th January 2010
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Used vehicle deregistrations for export(Yushutsu-masshou) in October totaled 58,028 units, down 63.7% from a year earlier. This is the second-largest drop following the previous month’s 74.8% year on year.

According to the Japan Automobile Dealers Association, the October figures marked the 9th consecutive month of decrease year on year.

The October total was made up of 15,466 midsize & large-size cars, down 66.9%, 26,560 small cars, off 67.7%, 4,462 haevy- and medium-duty trucks, down 39.2%, 9,272 light trucks, off 51.6%,594 buses, down 22.0%, and 1,674 special purpose and other vehicles, down 50.4%.

Toyota vehicles accounted for 54.5% (31,605 units) of total deregistrations for export in October, 3.2-point larger than previous month.

In the first 10 months of this year, deregistrered vehicles for export totaled 790,569 units, down 39.5%, or 516,158 units fewer than previous year.