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Japan Auto Industry Witnesses Continuous Growth
May 01, 2007

Japanese Automobile production increased by 2.8 % in September 2006, compared to the same period last year (2005), marking growth for 11 consecutive months.

Japanese Auto production rose 2.8 % to reach 1,001,738 units in September 2006, as per Japan Automobile Manufacturers Association. For September last year (2005), production was 974,104 units. Total auto exports for September increased 15.5 % to reach 531,773 units compared to 460,277 units last year. Domestic shipments declined 3.5 % to reach 546,963 units.

Car output increased 3.2 % to reach 847,102 units and truck output rose 0.3 % to reach 147,071 units. Bus production also increased 12.4 % to 7,565 units.

Domestic passenger car sales declined 4.3 % to reach 438,105 units and domestic truck sales were reduced to 107,189 vehicles, a decline of 0.4 %. However, domestic bus sales increased 15.3 % to 1,669 vehicles.

"Auto industry is expected to witness continuous growth with further rise in external demand & significant revisions in model ranges for both domestic and international markets," said an analyst at
RNCOS.

In the first fiscal half ended September 30, output of vehicles increased to 5.530 million, an increase of 6.6 %. Car production increased by 8 % to 4.663 million & truck output declined to reach 824,279 units, a 1 .1% drop. Bus output was 14 % up and reached 43,544 units.

On year on year basis, motorcycle output declined by 9.2 % to 153,104 units & domestic sales declined by 4.4 % to reach 75,434 units & exports declined by 0.6 % to 107,309 units.

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