Are we on the way toward a full-fledged recovery in demand? As rubber and plastic product manufacturers continue to announce their first half (April-September) earnings results for the fiscal year ending March 31, 2023, a recovery trend becomes visible in the automobile industry, the main source of demand. With the global economic outlook uncertain, it remains to be seen whether...
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Japan’s Automobile Production Falls 0.8% for 2016
Japanese automotive manufacturers produced a total of 9.204696 million vehicles over January–December 2016, according to the Japan Automobile Manufacturers Association (JAMA). This represents a 0.8-percent year-on-year decline, the second decrease in the last two years. By automobile type, passenger vehicles moved into a positive from a year-on-year negative for 2014–2015, with 7.873886 million vehicles produced for a 0.6-percent increase in...
May Automobile Production Shows First Year-on-Year Increase in Two Months
The Japan Automobile Manufacturers Association (JAMA) announced that automobile production volume in Japan for May 2016 totaled 656,814 units, an increase of 1.7 percent compared to the same month of the previous year and the first year-on-year increase in two months. Looking at production volume by vehicle type, passenger cars totaled 554,070 units, up 2.8 percent for the first increase...
Auto Production Declines 5% in 2015, First Decline in 2 Years
According to automobile production numbers for 2015 compiled by the Japan Automobile Manufacturers Association (JAMA), total production for four-wheel vehicles was 9.28 million units, a 5-percent year-on-year decline that marked the first drop in two years. 5.05 million vehicles were produced to serve domestic demand, down 9 percent and marking the first fall in four years.