Japan In February 2013: Down 8 Percent

Japanese automobile sales were down eight percent in  February 2013, compared to the same month in the prior year. This according to consolidated data by the Japan Automobile Dealers Association and the Japan Mini Vehicles Association. Regular vehicle sales Japan February 2013 Manufacturer Feb '13 Feb '12 YoY YTD '13 YTD '12 YoY Daihatsu 159 287 -44.6% 354 486 -27.2% Hino 3,523 3,094 13.9% 5,842 5,451 7.2% Honda 28,736 50,440 -43.0% 49,696 94,709 -47.5% Isuzu 4,417 4,657 -5.2% 7,512 8,101 -7.3% Lexus 3,647 3,554 2.6% 7,211 6,712 7.4% Mazda 15,720 14,115 11.4% 28,355 26,977 5.1% Mitsubishi 7,063 5,655 24.9% 12,323 10,404 18.4% Mitsubishi Fuso 2,602 2,638 -1.4% 4,219 4,646 -9.2% Nissan 53,928 55,679 -3.1% 98,138 95,329 2.9% Subaru 10,252 7,606 34.8% 20,339 13,523 50.4% Suzuki 7,147 7,613 -6.1% 12,325 13,984 -11.9% Toyota 135,475 158,877 -14.7% 240,830 283,510 -15.1% UD Trucks 598 690 -13.3% 1,081 1,246 -13.2% Other 19,132 18,308 4.5% 33,507 31,402 6.7% Total 292,399 333,213 -12.2% 521,732 596,480 -12.5% Domestic 266,704 308,392 -13.5% 476,053 553,722 -14.0% Imports 25,695 24,821 3.5% 45,679 42,758 6.8% Data courtesy Japan Automobile Dealers Association Sales of regular vehicles, tallied by the Japan Automobile Dealers Association, were down 12.2 percent, a sixth month of decline after the stop of government subsidies. Sales of imported vehicles resist the downtrend. In February, nearly 10 percent of all regular cars were made outside of Japan, 6.5 percent by non-Japanese makers. Mini vehicle sales Japan February 2013 Manufacturer Feb '13 Feb '12 YoY YTD '13 YTD '12 YoY Suzuki 52,090 52,018 0.1% 96,749 94,346 2.5% Daihatsu 59,765 63,969 -6.6% 105,810 117,763 -10.2% Mitsubishi 6,283 8,875 -29.2% 11,256 16,222 -30.6% Subaru 5,212 9,572 -45.5% 8,917 18,327 -51.3% Honda 37,663 26,715 41.0% 72,356 46,494 55.6% Mazda 4,844 5,247 -7.7% 9,988 9,870 1.2% Nissan 15,655 16,440 -4.8% 27,858 29,771 -6.4% Toyota 3,414 3,574 -4.5% 6,159 6,273 -1.8% Other 1 3 -66.7% 2 4 -50.0% Total 184,927 186,413 -0.8% 339,095 339,070 0.0% Data courtesy Japan Mini Vehicles Association Sales of minivehicles, recorded by the Japan Mini Vehicles Association, were down slightly in February, and are flat for the year. Minivehicles  had seen growth in the past months, even after the subsides expired. Total vehicle sales Japan February 2013 Manufacturer Feb '13 Feb '12 YoY YTD '13 YTD '12 YoY Daihatsu 59,924 64,256 -6.7% 106,164 118,249 -10.2% Hino 3,523 3,094 13.9% 5,842 5,451 7.2% Honda 66,399 77,155 -13.9% 122,052 141,203 -13.6% Isuzu 4,417 4,657 -5.2% 7,512 8,101 -7.3% Lexus 3,647 3,554 2.6% 7,211 6,712 7.4% Mazda 20,564 19,362 6.2% 38,343 36,847 4.1% Mitsubishi 13,346 14,530 -8.1% 23,579 26,626 -11.4% Mitsubishi Fuso 2,602 2,638 -1.4% 4,219 4,646 -9.2% Nissan 69,583 72,119 -3.5% 125,996 125,100 0.7% Subaru 15,464 17,178 -10.0% 29,256 31,850 -8.1% Suzuki 59,237 59,631 -0.7% 109,074 108,330 0.7% Toyota 138,889 162,451 -14.5% 246,989 289,783 -14.8% UD Trucks 598 690 -13.3% 1,081 1,246 -13.2% Other 19,133 18,311 4.5% 33,509 31,406 6.7% Total 477,326 519,626 -8.1% 860,827 935,550 -8.0% On a consolidated basis, sales are down, but still not the -25 percent that had been predicted for after the end of the subsidies. from The Truth About Cars http://www.thetruthaboutcars.com

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