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Follow on Google News | New Market Research Report: Japan Autos Report Q2 2011New Transportation market report from Business Monitor International: "Japan Autos Report Q2 2011"
In addition to the low base effect from 2009, which made similar levels of growth difficult to achieve for a second consecutive year, a slowdown in domestic sales growth forecast for 2011 (as well as the strength of the yen) are likely to work against carmakers producing in Japan. While some companies, including Toyota Motor, have pledged to continue producing in the country, others, such as Nissan Motor, have started relocating some projects overseas to overcome the effects of the strong yen. For this reason, BMI expects production growth to be much lower in 2011, at around 3-4%. With sales growth forecast to slow to around 5%, with further deceleration on the cards if the drop in private consumption in Q410 continues, and carmakers already looking to reduce their exposure to the yen, we expect production to suffer as a consequence. Another positive development in 2010 was a reduced contraction in motorcycle sales in Japan, which have been on a downward spiral for much of the decade, with only 2002 and 2005 showing marginal growth of 2.7% and 0.9% respectively. Sales in 2010 showed some relative improvement, with a decline of less than 1% following a drop of 23.7% and 21% in 2008 and 2009 respectively. There are several factors, which could combine to cause the contraction of a market, which consistently sold over 1mn units annually during the 1990s. The increased availability of compact cars as an alternative entry-level vehicle is one, although one reason cited by industry players for a slump in Japanese auto sales in general prior to the period of incentives, is a move by young people in cities away from owning a vehicle and using public transport instead. Toyota remains the country's largest carmaker in terms of both production and sales, showing little sign of damage from its mass recalls in its domestic market. Sales for 2010 rose 13.76% to 1.5mn units, to give the company a 30.9% market share. This is more than double the market share of second-placed Honda Motor, which claimed 13.06% of the market from a 3.48% y-o-y increase in sales. Nissan, which had climbed to second earlier in the year, dropped back to third, just behind Honda with 13.02% of the market. For more information or to purchase this report, go to: - http://www.fastmr.com/ Report Table of Contents: SWOT Analysis - Japan Auto Industry SWOT - Political SWOT Analysis - Economic SWOT Analysis - Business Environment SWOT Analysis Global Overview - Core Views - Table: BMI's Core Views For The Automotives Industry Business Environment Ratings - Table: Business Environment Ratings -- Auto Industry Asia Pacific Regional Overview Macroeconomic Forecast Scenario Industry Forecast Scenario Industry Forecast Scenario - Table: Japan Autos Total Market - Historical Data And Forecasts - Production and Sales - Trade - Market Overview - Table: Japan - Vehicle Production By Company (CBUs) - Table: Japan - Vehicle Sales By Company (CBUs) Industry Forecast & Analysis - Passenger Cars - Table: Japan Passenger Car Market - Historical Data And Forecasts - Company Developments Industry Forecast & Analysis - Commercial Vehicles - Table: Japan Commercial Vehicle Market - Historical Data And Forecasts - Table: Japan - Commercial Vehicle Production By Company (CBUs) - Table: Japan - Commercial Vehicle Sales By Company (CBUs) - Company Developments Industry Forecast & Analysis - Motorcycles - Table: Japan Motorcycle Market - Historical Data And Forecasts - Table: Japan - Motorcycle Production By Company (CBUs) - Company Developments Suppliers - Industry Trends And Developments - Table: Japan - Top Automotive Suppliers (US$mn) - Company Developments Company Monitor - GM's ASEAN Focus Begins To Pay But Still Work To Do Company Profiles BMI Methodology BMI Methodology - How We Generate Our Industry Forecasts - Sources About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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