Subscribe free to our newsletters via your
. Space Industry and Business News .




CAR TECH
Japan's vehicle output soars 174% in April
by Staff Writers
Tokyo (AFP) May 31, 2012


Japan's auto sector on Thursday reported huge increases in production for April from a year earlier, reflecting a steep recovery after last year's quake-tsunami disaster crippled output and demand.

Production of cars, trucks and buses reached 799,474 vehicles, up 173.8 percent from April 2011 and the seventh consecutive monthly increase, according to the Japan Automobile Manufacturers Association (JAMA).

The industry data come after heavyweights Toyota, Nissan, and Honda said Monday that they saw huge jumps in April output from a year ago when they slashed production and shuttered plants due to power shortages and a parts supply crunch owing to the March 2011 disaster.

Domestic vehicle sales, meanwhile, climbed 93.7 percent to 359,631 vehicles while exports surged 219.2 percent to 402,389 vehicles, JAMA said.

Japan's auto sector suffered one of its worst months on record in April 2011, while flooding in Thailand later in the year added to the pain as Japanese manufacturers with plants in the country saw major supply disruption.

Most automakers returned production to pre-quake levels by the end of 2011.

The yen also hit record highs against the dollar last year and remains strong, denting exporters' profits overseas.

The latest production figures come after data showed Toyota, Japan's biggest automaker, regained its position as the world's number one automaker in the first quarter of 2012, stealing back the lead from US giant General Motors.

On Monday, Toyota said output at its factories in Japan surged about four-fold to 352,973 vehicles last month, while rival Honda Motor's domestic output skyrocketed 514.4 percent to 87,049 vehicles.

Nissan's production jumped 94.0 percent to 85,734 at home, after the automaker earlier this month posted record sales and a profit of 341.43 billion yen ($4.33 billion) in the fiscal year through March as it shrugged off the disaster.

The company, part-owned by France's Renault, said sales rose to their highest-ever 9.41 trillion yen with 4.85 million vehicles sold globally, despite the natural disasters and high yen.

Nissan's results bucked a nationwide trend of falling profits in the auto sector in the last fiscal year, with Toyota saying its full-year net profit was 283.56 billion yen, a 30.5 percent on-year fall.

Honda's earnings for the period were down 60 percent to 211.5 billion yen.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CAR TECH
Japan's April auto output soars in year after quake
Tokyo (AFP) May 28, 2012
Japan's major automakers on Monday reported huge production increases for April, as the hard-hit sector recovers from the devastating impact of last year's quake-tsunami. Heavyweights Toyota, Nissan, and Honda saw huge jumps in output from the same month a year earlier when they slashed production and shuttered plants due to power shortages and a parts supply crunch after the disaster. T ... read more


CAR TECH
Short movies stored in an atomic vapor

Oracle aims to dethrone IBM in business hardware

Mathematicians can conjure matter waves inside an invisible hat

VTT researcher finds explanation for friction

CAR TECH
New Mobile Antenna from ASC Signal Designed For Rapid Deployment by Defense and Commercial Users

Researchers Improve Fast-Moving Mobile Networks

Second AEHF Military Communications Satellite Launched

Fourth Boeing-built WGS Satellite Accepted by USAF

CAR TECH
SpaceX Dragon capsule splash lands in Pacific

US cargo ship on return voyage from space station

US cargo vessel prepares to leave space station

Once Upon a Time

CAR TECH
Lockheed Martin Completes Navigation Payload Milestone For GPS III Prototype

TomTom eyes expanding S. American market

Spirent Launches New Entry-Level Multi-GNSS Simulator

Beidou navigation system installed on more Chinese fishing boats

CAR TECH
Louis Gallois hands EADS reins to Tom Enders

Boeing Delivers First EA-18G Growler Featuring Bharat Electronics Limited Cockpit Subassembly

Flapping protective wings increase lift

Russia, India to produce transports

CAR TECH
The first chemical circuit developed

Copper-nickel nanowires could be perfect fit for printable electronics

Japan's Renesas ups chip outsourcing to Taiwan giant

New silicon memory chip developed

CAR TECH
CryoSat goes to sea

S Korea to develop geostationary satellite for environmental monitoring

LiDAR Technology Reveals Faults Near Lake Tahoe

Satellite maps ocean floor

CAR TECH
EU threatens Italy with court action over Rome trash

Fears as Latin America's largest trash dump closes

Ship's captain jailed over New Zealand oil spill

Germany, India in talks over treating Bhopal waste




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement