Japan Production Still Not Completely Restored JAMA Says

Auto exports in September 2011 were 477,911 units, compared with 439,230 last year. This is a clear sign that automakers are slowly recovering.

Japanese automaker production in September 2011 still didn’t reach the pre-earthquake and tsunami levels of the year before, according to JAMA – the Japan Automobile Manufacturer’s Association.

In September of 2011 883,593 units were made by Japanese makers compared with 925,003 units for the same month of the previous year. This decrease of 41,410 units or 4.5% shows how the negative effects of the huge natural disaster keeps hurting the ailing Japanese economy.

U.S. automakers have been benefiting from Japan’s absence from the market. Earlier this week Ford Motor reported that it had increased U.S. revenue by $700,000 dollars in Q3 because it raised prices or trimmed incentives.

See:

• Automakers Cut Incentives on Small Cars as Fuel Prices Rise

• Japanese U.S. May Sales Plunge as Inventories Evaporate. Toyota, Nissan and Honda Decline in Earthquake Aftershocks

Japanese automobile production for the first half of fiscal year 2011 – April 2011 – September 2011 – was 3,902,348 units a decrease of 884,593 units or -18.5% from last year’s 4,786,941.

Automobile exports in September 2011 were 477,911 units, compared with 439,230 last year. This is a clear sign that automakers are slowly recovering with an increase of 38,681 units or 8.8%.