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Tag Archives: japan auto industry
Japan Auto Industry to decline 14% in 2011 JAMA Predicts
Total demand for passenger cars and commercial vehicles in Japan for calendar year 2011 will be 4.25 million units, down 14.2% from the previous year, according to the Japan Automobile Manufacturers Association – JAMA, which has now its first official forecast since December of 2010. Continue reading
Honda Overseas and Japan Production Down Again in May
Honda Motor Company in Japan today announced that vehicle production declined by more than 50% for the month of May 2011. It was the third straight month that production dropped due to the ongoing negative effects of the Japan earthquake and tsunami in March. Continue reading
Posted in auto news, economy, financial results, manufacturing, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, economy, financial results, japan, japan auto industry, japan earthquake, Ken Zino, news analysis, sales and tagged 2012 honda forecast, tmc profits, toyota forecast, yen value
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Honda Motor Predicts $2.4 Billion Profit Drop from Earthquake
This represents a 63.5% decline for Japan’s third largest automaker compared to the previous year, the result of production disruptions caused by the Japan earthquake and tsunami, rebuilding costs, as well as a strong Yen at an unprecedented ¥80:$1. Continue reading
Posted in auto news, economy, financial results, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, economy, financial results, japan, japan auto industry, japan earthquake, Ken Zino, news analysis, sales and tagged 2012 honda forecast, tmc profits, toyota forecast, yen value
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Toyota Predicts 31% Profit Dip in Fiscal Year from Earthquake
The longer term issues facing Toyota are recovering lost market share and the unprecedented strength of the Japanese Yen caused by massive inflows of cash as export oriented Japanese companies attempt to recover from earthquake losses. Continue reading
Auto Production in Japan at Standstill as Toyota, Honda, Nissan, Mazda, Subaru Shut. More Earthquakes Coming?
Auto production in earthquake racked Japan is at a standstill this morning as most automakers closed plants even in non quake areas for announced times of three days to a few weeks. In fact, no company can be sure when they will reopen plants. Moreover, rolling blackouts will disrupt public transportation and production throughout the country for unknown periods of time as damaged nuclear powerplants are repaired or scrapped. Continue reading
