Posts Tagged ‘Japanese’
80 thousand 35 cars in Japan and globally
According to a report by international agency Associated Press, Nissan Motor Co is the Japanese brand with better recovery from natural disasters that affected the country in Japan in March. The results, highlighted the increase in local production and global.
In recent months, the brand increased its production by 0.8%, reaching 80 thousand 35 cars in Japan and globally, production reached 368 000 914 units. According to Nissan, this was possible thanks to a rebound in sales in the United States, China and Europe.
Meanwhile, Toyota Motor Corp announced that production in May fell 54.4% to a total of 107,000 vehicles in Japan 437. Globally, however, production decreased 49.3% to 287 000 811 units.
The month of May was crucial to the Japanese brands, according to AP, most notably because they perceived the consequences of natural disasters. Honda Motor Co also registered losses of up to 53.4% in local production and 50.4% worldwide.
Japan to Open Assembly Plant In Mexico
The Japanese automaker will open an assembly plant in Guanajuato in central Mexico. This in order to increase production by 140 thousand units by the end of 2013. These vehicles will be destined for markets in the U.S. and Latin America, the automaker said.
For this project, Mazda will invest $ 500 million. Part of this budget, also will be used to install a distribution plant in Brazil as part of an agreement with Sumitomo Corporation Company, which “combines individual strengths to enhance the business of both companies in the rapidly growing markets of Central and South America, “said Mazda.
The plant in Guanajuato, manufactured Demo models, known as the Mazda 2 and Axel, or Mazda 3. Currently, Mazda Latin America has a single factory in Colombia.
The company’s president, Takashi Yamanouchi, concluded that the project “part of the plans of the firm to achieve its objectives and long-term emerging markets.” The industry in Mexico produced 2.26 million vehicles last year, the first export to Latin America.
Japanese Car Makers Decide Delaying One Year
The Japanese carmaker has decided to delay by one year the date for the entry into operation of the factory currently under construction in the Japanese city of Yuri, today announced the corporation.
Initially, Honda was scheduled to begin operations at the new factory in 2010. However, last December the company decided to defer more than a year the date set due to deterioration of the automotive market.
“As not seen any signs of recovery on the horizon automotive market, Honda has decided to postpone the start of operations for another year,” said the multinational Japan in a statement.
Honda net profit of 323,100 million yen (2.738 billion Euros) in the first nine months of fiscal year 2008-2009 (April 2008 to December 2008), representing the first decline in its net profit in three years and a decrease of 43.8% compared to 2007.
In late January, the company again cut its forecast results for the end of this fiscal year, after reviewing his estimates last December.
Thus, the company expects to record a net profit of 80,000 million yen (677.9 million Euros) at the end of the year, representing a decrease of 56.8% compared to the previous forecast and is divided by 7, 5 net income for the previous year.