News from Notch Consulting, Inc.

May 4, 2011

Japanese auto production down 57% in March

Filed under: General — Notch @ 6:08 pm

The latest data from JAMA (the Japanese Automobile Manufacturers Association) indicate that Japanese production of automobile production declined by 57% in March compared to the same month of 2010, reflecting the devastating effects of the earthquake and tsunami. Passenger car production in March was down 57.7%, while truck production was down 54.1% and bus production was down 55.2%.

Production for FY 2010 (April 2010 to March 2011) totaled 8,993,975 units, up 1.5% from 8,864,908 units in FY 2009. This increase follows two years of declines.

Domestic sales declined 35.1% in March compared to March 2010, of which passenger car sales were down 37.4%, truck sales were down 21.3%, and bus sales were down 24.4%.

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