пятница, 2 марта 2012 г.

Japan exports fall.(News)(Brief Article)

Byline: Yuzo Yamaguchi

Japan's new-vehicle exports in August dropped 3.4 percent from a year earlier to 339,401, the fourth straight monthly decline, partly as increasing overseas production cut shipments of vehicles built in Japan.

U.S.-bound exports slid 24.4 percent to 99,179, while shipments to Canada shrank 34.4 percent to 12,890, according to the Japan Automobile Manufacturers Association.

The overall weak exports, combined with an earlier reported 3.1 percent sales decline in August, pushed down Japan's production in the month by 5.6 percent to 681,973.

Four of Japan's Big 5 curbed their exports to North America. Toyota Motor Corp.'s exports dropped 17.7 percent by almost stopping shipments of the Prius before the mid-October introduction of a fully remodeled hybrid car in the U.S. market. The automaker also increased production of the Corolla at its Ontario plant while reducing the Japanese-built model for North American sales.

By increasing exports of the CR-V from England to the United States and reducing shipments of the Japanese-made SUV to the U.S market, Honda cut its North America-bound exports by 10.6 percent.

Nissan Motor Co.'s exports to the United States also plunged 37.7 percent because the automaker has shifted production of the Maxima to the Smyrna, Tenn., plant from Japan.

Mazda Motor Corp.'s shipments to North America plunged 48.5 percent.

Japan's overall exports to Europe climbed 26.4 percent to 77,124, with four of the Big 5 posting double-digit gains.

Japanese production at four of the Big 5 fell. Output fell 5.7 percent at Toyota, 26.7 percent at Honda, 10.6 percent at Mazda and 0.5 percent at Mitsubishi. Only Nissan boosted output - by 6.0 percent.

All of the Big 5 automakers except Mitsubishi expanded overseas production. Output outside Japan was up 17.9 percent at Toyota, 4.2 percent at Nissan, 1.9 percent at Honda and 135.7 percent at Mazda. Mitsubishi's offshore production dropped 24.7 percent.

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