Japan auto output hit the biggest decline in 96 years

Keywords Japan auto   Date Sunday, January 31, 2010   From Chinahourly    Views

January 30 evening news, according to foreign media reports, Japan Automobile Manufacturers Association on the 29th released data showed Japan's vehicle production in 2009 hit the biggest drop in 96 years, its production has been overtaken China to the second car producer.

29 Japan Automobile Manufacturers Association data released showed that in 2009 the domestic automobile production is 7,934,516, representing 31.5% decrease over the previous year, the highest since record keeping began in 1966 with the largest decline, annual output for the first time since 1976, fell below 8 million cars mark has been producing approximately 13.79 million of the Chinese catch up, falling in a second.

Reported that the financial crisis in the various car manufacturers cut production sharply, dragged down, Japan's domestic vehicle production has been reduced for two consecutive years. And the 1990 peak, when compared with an annual output of 13,486,796, representing a reduction of more than 40%. From the model point of view, production of 6,862,161 passenger cars, reducing 30.9%; trucks to 985.1 thousand, reducing 34.7% reduction of both record high. However, thanks to the Japanese government introduced the environmental protection measures such as subsidies car car, production began to recover gradually. In December last year, production was 88067, an increase achieved for two consecutive months.

Statistics show that U.S. and European markets by the impact of recession and the yen, Japanese automakers an annual export volume of 3616,168 units, for the first time since 1996, fell below 4 million.

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