TOKYO (AP) _ Three of Japan's five major automakers boosted domestic production in February compared to the same month a year ago, the manufacturers said Monday. <br/><br/>Toyota Motor Corp., the nation's
Monday, March 28th 2005, 9:33 am
By: News On 6
TOKYO (AP) _ Three of Japan's five major automakers boosted domestic production in February compared to the same month a year ago, the manufacturers said Monday.
Toyota Motor Corp., the nation's top automaker, boosted its Japanese production in February by 342,657 vehicles, up 10.4 percent from a year earlier, marking the second consecutive month of increases. Exports grew 10.2 percent to 169,282 vehicles, while overseas production was up 13.4 percent at 260,972 vehicles.
Nissan Motor Co. said its production in Japan rose 7.0 percent to 148,764 vehicles, the second straight month of rises, while exports rose 7.7 percent to 64,272 vehicles. Overseas production for Nissan, which is affiliated with Renault SA of France, rose 14.4 percent to 167,640 vehicles.
Honda Motor Co.'s domestic production climbed 9.4 percent to 114,576 vehicles in February, the fourth straight month of gains, driven by strong export demand.
Honda's exports rose 21.3 percent to 48,254 vehicles, led by strong North American demand for the Acura RL and Accord gasoline-electric hybrid model. Honda's overseas production rose 11.2 percent to 165,960 vehicles for the 13th straight monthly increase.
Japanese production for Mazda Motor Corp., one-third owned by Ford Motor Co. of the United States, fell 1.3 percent in February to 66,614 vehicles.
That marked the third consecutive decline, stemming from a plant fire in mid-December that forced Mazda to halt part of its domestic production lines.
Mazda said its overseas output in February increased 4.9 percent to 21,436 vehicles, rising for the first time in two months. Exports fell 18.1 percent to 38,151 vehicles.
Mitsubishi Motors Corp. said its production in Japan fell 19.3 percent to 54,135 vehicles for the 10th straight decline as domestic sales and exports dropped. Exports fell 1.1 percent to 28,788 vehicles and overseas production fell 7.5 percent to 54,938 vehicles.
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