Japan's automobile sector in November has seen a production
decline for the third time in a row with a total production reaching at 767,530
units declined by 70,598 units (8.4%) compared to the same month of the previous
year. November was the third consecutive month in which a Y-o-Y decrease
was registered in Japan's automobile output, according to the data provided by
the Japan Automobile Manufactures Association (JAMA).
However, domestic sales in Japan for November stood at 393,342
vehicles, with a decline in output by 0.4% compared to the same month of previous
year. Meanwhile, the country's automobile exports in November amounted to
382,778 units, down by 59,984 units or 13.5 % Y-o-Y, constituting the fourth
consecutive month of Y-o-Y decrease. The revenue generated by these export
amounted to $12.4 billion, including $9.2 billion for vehicles and $ 3.2 billion
for parts. This is a decrease of $ 1.36 million or 9.9 % compared with
$13.8 billion recorded for the same month of the previous year.
Leave a Reply