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PASSENGER CARS Overall Trends 2. 2. State of Japanese vehicle production, exports, 1 Introduction and sales Despite the slowdown of the Chinese economy and 2. 2. 1. Production stagnation in emerging markets resulting from low crude The recent trend of decreased production continued oil prices, the automotive industry showed signs of as passenger car production in Japan was lower than last strong consumption in 2015 as employment became sta- year at 7.83 million vehicles, representing 94.6% of the ble and income levels recovered in the U.S. and Japan. figures for the previous year (Table 3). The Japanese economy, in particular, continued to recov- While production of ordinary passenger cars rose to er gradually as the yen remained weak. 101.9% of the previous year as the weak yen led to more In the automobile market, sales in major countries rose exports, production of compact vehicles and mini-vehicles significantly to 109.2% of the previous year. In developed was lower than in the previous year, with the latter, nations, including the gradually stabilizing European which are mainly in demand in Japan, dropping signifi- economies, sales exceeded the results of the previous cantly to 81.9% of the previous year’s level. year. At the same time, emerging markets polarized into 2. 2. 2. Exports regions of ongoing expansion such as China or India and The number of passenger cars exported in 2015 rose regions that experienced a drastic drop in the market, to 3.97 million vehicles, representing 103.5% of the figures such as Brazil. for the previous year. Against the backdrop of the weak yen, exports to Central America, with which an FTA has 2 State of Vehicle Production, Sales, and been concluded, expanded considerably to 121.5% of the Exports previous year, and exports to the Middle East, North 2. 1. State of production in leading manufacturing Table 1 Passenger car production in leading manufacturing countries. countries 2015 2014 2015 /2014 (%) Global production of passenger cars was 68.56 million Japan 7 830 722 8 277 070 94.6 vehicles, representing 101.2% of the figures from the pre- U.S. 4 163 679 4 253 098 97.9 vious year (Table 1). Although production rose in emerg- Canada 888 565 913 533 97.3 ing markets such as China and India as well as in the de- Germany 5 707 938 5 604 026 101.9 veloped EU nations, it decreased in Japan and the U.S., UK 1 587 677 1 528 148 103.9 France 1 553 800 ＊ 1 499 464 103.6 which have high exports to emerging markets. There Italy 663 139 401 317 165.2 was also a remarkable drop in Brazil, where the econo- Spain 2 218 980 1 898 342 116.9 my is stagnant. EU 16 368 971 ＊ 15 409 337 106.2 The top 3 for passenger car production by manufac- South Korea 4 135 108 4 124 116 100.3 ＊ turer remained unchanged from the previous year, with China 21 079 427 19 928 505 105.8 India 3 378 063 ＊ 3 162 372 106.8 the Hyundai Group in first place, followed by Toyota, the Brazil 2 018 954 2 502 293 80.7 Volkswagen Group, but among the rest of the top 10, World total 68 561 896 67 782 035 101.2 Honda fell from 6th to 10th place, while Ford rose from ＊ Revised 14th to 9th (Table 2). Note 1 ) The values announced by the International Organization of Motor Vehicle Manufacturers (OICA) are preliminary figures. There are 27 countries in the EU. Note 2 ) The number of vehicles for the U.S. and Canada excludes SUVs and other models that are considered as trucks in those countries. Copyright© 2016 Society of Automotive Engineers of Japan, Inc. All rights reserved Table 2 Passenger car production according to manufacturer and country. Ranking in 2015 Ranking in 2014 Manufacturers Country 2015 2014 2015 /2014 (%) 1 1 Hyundai group South Korea 3 183 455 3 208 685 99.2 2 2 Toyota Japan 2 827 349 2 915 185 97.0 3 3 VW group Germany 2 327 541 2 252 470 103.3 4 4 BMW Germany 1 153 283 1 117 778 103.2 5 5 Daimler Germany 991 313 1 019 028 97.3 6 7 Mazda Japan 955 961 918 502 104.1 7 9 PSA France 843 349 843 917 99.9 8 11 Nissan Japan 755 742 764 230 98.9 9 14 Ford Germany Germany 743 401 646 435 115.0 10 6 Honda Japan 730 493 922 533 79.2 11 8 GM U.S. 725 535 861 483 84.2 12 10 Suzuki Japan 712 070 825 890 86.2 13 12 Fuji Heavy Industries Japan 709 749 695 790 102.0 14 13 Honda America U.S. 678 828 684 196 99.2 15 15 Mitsubishi Japan 635 441 637 897 99.6 16 17 Toyota U.S. 629 088 615 019 102.3 17 16 GM Daewoo South Korea 600 961 623 034 96.5 18 20 Ford U.S. 550 008 485 349 113.3 19 18 Daihatsu Japan 530 784 597 043 88.9 20 19 Nissan UK 476 589 500 238 95.3 21 21 Nissan U.S. 421 110 461 777 91.2 22 22 Renault France 405 518 340 667 119.0 23 23 GM Canada Canada 203 183 247 298 82.2 Source: Automobile manufacturers association in each country and automaker press releases Table 3 Passenger car production in Japan. Table 5 Passenger car sales in Japan. 2015 2014 2015 /2014 (%) 2015 2014 2015 /2014 (%) Ordinary cars 4 744 471 4 657 765 101.9 Ordinary cars 1 354 541 1 437 589 94.2 Compact cars 1 555 548 1 750 895 88.8 Compact cars 1 349 944 1 422 883 94.9 4 -wheeled mini-vehicles 1 530 703 1 868 410 81.9 4 -wheeled mini-vehicles 1 511 404 1 839 119 82.2 Total 7 830 722 8 277 070 94.6 Total 4 215 889 4 699 591 89.7 Source: Japan Automobile Manufacturers Association Source: Japan Automobile Manufacturers Association Note 1 ) The classification criteria of the sales statistics are based on the license plate number. Table 4 Number of passenger cars exported from Japan according to destination. Table 6 Used vehicle sales in Japan. 2015 2014 2015 /2014 (%) Ordinary cars Compact cars 4 -wheeled mini-vehicles Total Proportion of previous year (%) North America 1 719 428 1 634 915 105.2 1998 1 493 744 3 309 426 1 111 282 5 914 452 97.9% Europe 717 980 724 198 99.1 1999 1 551 703 3 127 783 1 273 383 5 952 869 100.6% Oceania 344 344 330 765 104.1 2000 1 742 786 3 050 087 1 448 546 6 241 419 104.8% Asia 382 586 400 066 95.6 2001 1 830 588 2 913 775 1 552 297 6 296 660 100.9% Middle-East 504 159 448 493 112.4 2002 1 861 694 2 744 604 1 714 827 6 321 125 100.4% Central America 132 446 109 030 121.5 2003 1 910 017 2 640 456 1 809 840 6 360 313 100.6% South America 104 377 123 855 84.3 2004 1 984 562 2 524 764 1 777 866 6 287 192 98.9% Africa 61 898 61 342 100.9 2005 2 002 563 2 460 410 1 890 154 6 353 127 101.0% Others 2 785 2 931 95.0 2006 1 959 739 2 304 226 2 033 569 6 297 534 99.1% 2007 1 810 596 2 105 122 2 022 866 5 938 584 94.3% Total 3 970 003 3 835 595 103.5 2008 1 728 090 1 944 766 1 995 333 5 668 189 95.4% ＊ Revised 2009 1 619 370 1 855 071 1 864 874 5 339 315 94.2% Source: Japan Automobile Manufacturers Association 2010 1 592 110 1 816 696 1 873 466 5 282 272 98.9% 2011 1 542 614 1 733 519 1 906 523 5 182 656 98.1% America, Oceania, and Africa were also higher than in 2012 1 688 606 1 826 335 2 133 725 5 648 666 109.0% the previous year (Table 4). 2013 1 666 732 1 740 725 2 255 560 5 663 017 100.3% 2. 2. 3. Sales 2014 1 630 421 1 653 214 2 367 235 5 650 870 99.8% 2015 1 668 429 1 602 719 2 354 077 5 625 225 99.5% At 4.21 million vehicles, sales of passenger cars in 2015 Source: Japan Automobile Dealers Association dropped to 89.7% of the figures from the previous year. Source: Japan Light Motor Vehicle and Motorcycle Association For ordinary and compact cars, the drop compared to the previous years is the result of the last minute de- automaker efforts to prop up sales after that increase. At mand before the consumption tax increase in 2014 and the same time, sales of mini-vehicles reached record Copyright© 2016 Society of Automotive Engineers of Japan, Inc. All rights reserved Table 7 Imported vehicle sales in Japan. Ranking in 2015 Ranking in 2014 Manufacturers 2015 2014 2015 /2014 (%) 1 2 Mercedes-Benz 65 159 60 834 107.1 2 1 VW 54 765 67 438 81.2 3 3 BMW 46 229 45 645 101.3 4 4 Audi 29 414 31 413 93.6 5 6 BMW MINI 21 083 17 596 119.8 6 5 Nissan (vehicles produced outside Japan) 20 481 23 200 88.3 7 7 Volvo 13 510 13 277 101.8 8 9 Jeep 7 129 6 691 106.5 9 12 Porsche 6 690 5 385 124.2 10 8 Fiat 6 032 7 289 82.8 11 10 Peugeot 5 906 5 710 103.4 12 13 Renault 5 082 4 662 109.0 13 14 Ford 4 856 4 598 105.6 14 11 Mitsubishi (vehicles produced outside Japan) 4 102 5 598 73.3 15 15 Land Rover 2 979 3 126 95.3 16 16 Alfa Romeo 2 321 2 661 87.2 17 17 Citroen 1 978 2 321 85.2 18 18 Toyota (vehicles produced outside Japan) 1 036 1 674 61.9 19 20 smart 1 012 1 114 90.8 20 19 Chrysler 464 1 286 36.1 0 ─ Others 12 853 8 159 157.5 300 228 311 518 96.4 ＊ Revised Source: Japan Automobile Manufacturers Association Table 8 Passenger car sales in leading manufacturing countries and share of Japanese vehicles.
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