2012 Japan Automobile Capacity & Export Performance. Domestic Capacity Up 3.1%. Light Passenger Cars Mark Highest Capacity Record.

2013-05-06

According to car production and sales result announced by JAMA (Japan Automobile Manufacturers Association) on April 30th, the domestic car capacity reached 9,554,400 vehicles, up 3.1% compared to 2011. This is the third consecutive increase in production volume. Capacity of light passenger cars set the highest record with the export volume up 0.8% to 4,660,571 vehicles. Light passenger cars are widely accepted by customers for their energy-saving feature. Moreover, Tax cut and subsidy on eco-friendly cars provided by the government also stimulated  the production volume to increase 25.5% to 1,611,898 vehicles, which can serve as a substitute for the decreasing production of trucks and other types of cars. Export to the Middle East and Near East also grew by 24%, resulting in increasing export to Africa ans North America. On the other hand, however, export to Asia showed decrease after the past 4 years.