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Deregistered vehicles for export down in Sept.

16th November 2011

The number of deregistered vehicles for export purpose (Yushutsu Masshou) totaled 50,971 units in September, a decrease of 0.7% from a year earlier. This was the first month of year-on-year decrease in two months.

The September figure, which is the highest monthly level in this year, also marked a 60.0% decrease compared with the previous month.

Deregistrations of mid- to large-passenger car increased 1.0% to 24,804 units.

Deregistrations of medium- to heavy-duty trucks fell 16.7% to 2,106 untis, while those of light-duty trucks were down 12.9% to 5,694 untis. Used bus deregistrations totaled 310 units, down 20.5% from a year earlier.

Toyota vehicles (26,948 units) took a 52.9% of total deregistered vehicles for the month, 4.6 percentage points smaller than previous month.

So far this year (January through September), deregistered vehicles for exprot purpsoe totaled 708,756 units, up 3.2% from a year earlier.

Auctioned vehicles in 1st half 2011 down 9.5%

08th November 2011

Auctioned vehicles across Japan in first half of fiscal 2011 (April-September) declined 9.5% from a year earlier to 3,083,580 units.

For the six months, a total of 2,444 auctions was held, 90 auctions fewer than previous year. The March 11 disaster caused the decline in auctions in Japan.

Sold vehicles at auctions declined 0.5% to 1,904,463 units.

Average price of sold vehicles increased 34,000 yen to 530,000 yen. The sum of sold prices rose 6.3% to 1,093.34 billion yen.

The rate of sold vehicles against total auctioned vehicles was relatively high in the beginning part of the period due to shortage of good-conditioned vehicles in the market. The prices of sold vehicles were also rising.

However, the rate of sold vehicles began to fall in recent weeks. Industry watchers forecast that the auctioned prices are expected to fall in towards the year-end period.

Mitsubishi to step up joint work with Proton

27th October 2011

Mitsubishi Motors Corp. said it will enhance its cooperation with Proton Holdings Berhad, a major Malaysian automaker, through joint production of small car engines in the Southeast Asian country and other initiatives.

The two are also considering having Mitsubishi cars be built at Proton’s production plants and sharing key components of Mitsubishi’s subcompacts to be manufactured in Thailand from next year and those used by Proton to build small vehicles.

Transfer of expertise necessary to make electric and plug-in hybrid vehicles to Proton is also on the table, Mitsubishi said.

Mitsubishi Motors has held close ties with Proton by taking a stake in the company and providing technological support to it since its establishment in 1983 under Malaysia’s national car policy.

Deregistrered vehicles for export decline in July.

06th October 2011

The number of deregistered vehicles for export purpose (Yushutsu Masshou) totaled 64,935 units in July, down 2.7% from a year earlier.

This marked the second consecutive month of year-on-year decline. The July figure also marked a 33.2% increase compared with the previous month.

Deregistrations of medium-to larger-passenger car fell 2.7% to 21,249 units, while those of small cars down 2.2% to 31,090 units.

Deregistrations of medium-to heavy-duty trucks fell 11.4% to 2,993 units, while those of light-duty trucks rose 1.3% to 7,982 units. Used bus deregistrations totaled 295 units. down 16.9% from a year earlier.

Toyota vehicles (436,491 units) took a 56.2 of total deregistered vehicles for the larger than previous month.

So far this year, export purpose totaled 530,390 units, up 1.8% from a year earlier.

Used vehicle exports in July down 7.5%

16th September 2011

In July 2011, used vehicle exports showed a year-on-year decline again. The July exports totaled 67,941 units, down 7.5% from a year earlier. It also indicated a decrease of 10.1% compared with the previous month. The July exports marked the first decline in two months. The decline was caused by a sharp fall in exports to Russia as well as slowed exports to Sri Lanka.

According to a country-based analysis conducted by the International Auto Trade Association (iATA), Russia maintained the largest destination for Japanese used vehicle exports. The number of used vehicles bound for that country, however, significantly fell by 39.2% from previous year’s 12,428 units on the year to 7,556 units. The avearge FOB price rose by around 70,000 yen from a year earlier.

Exports to the second-ranked United Arab Emirates (U.A.E.) totaled 7,395 units, up 21.8% year-on-year. The average FOB price rose by around 40,000 yen.

Used vehicles bound for South Africa, ranked third, were 5,733 untis. down 9.1% on the year. Exprots to New Zealand also declined 7.2% to 5,040 units.

Used vehicles bound for Chile sharply declined from last year’s 5,803 units to 3,650 units, down 31.1%.

In January-July period, used vehicle exports form Japan totaled 493,964 units, up 0.5% from the same period last year.

In July, remarkable year-on-year increases were found in exported volume to Pakistan (up 388.2%), Botswana (up 270.9%), Kyrgyz (up272.6%), China (up 119.1%), Zambia (up 121.7%), Papua New Guinea (up 203.0%), etc. Exports to Mongolia are still steady going.

In contrast, for some destinations, export businesses were stagnant. They were Kenya (down 25.8%), Sri Lanka (down 21.0%), and Tanzania (down 38.5%), etc.