Japan’s five major automakers reported a decline Wednesday in their vehicle exports for February due to lower demand in the North American and European markets.
Toyota Motor Corp. said its exports during the month fell 0.1 percent from a year earlier to 133,199 units, while Nissan Motor Co. reported a 16.6 percent decline to 43,012 units and Honda Motor Co. a 21.3 percent drop to 34,335 units.
Mitsubishi Motors Corp. deported a decrease of 21.3 percent to 30,671 units, while Mazda Motor Corp.’s exports fell 22.7 percent to 38,343 units.
The automakers attributed the declines mainly to low demand in North America, particularly the United States, and European markets.
Nissan also said the fall in exports reflects its ongoing efforts to localize auto production instead of exporting from Japan.
Mazda’s shipments to North America fell 6.8 percent while those to Europe plunged by 55 percent.
It was the second consecutive year-on-year decrease in exports for Toyota, the sixth for Nissan and seventh for Honda.
On the production front, only Toyota and Honda reported a rise from the previous year.
Toyota’s domestic output edged up 0.1 percent for the fifth straight monthly increase to 301,952 units, while Honda posted a 4.8 percent rise to 109,869 units.
Nissan reported a 2.6 percent reduction to 119,450 units, which it attributed to reduced exports to North America and Europe.
Mitsubishi reported an 8.6 percent decline to 94,826 units, while Mazda experienced a 25.2 percent fall to 60,879 units.
On domestic sales, Toyota, Nissan and Honda showed growth, but Mitsubishi and Mazda saw declines.
Domestic sales for Toyota rose 0.9 percent to 162,543 units for the 11th consecutive monthly increase.
Nissan posted a 2.1 percent growth to 74,716 units, its third straight month of increases. The Toyota and Nissan figures exclude those of minivehicles.
Honda reported a 14.1 percent growth in domestic sales to 67,002 units.
Mitsubishi posted falls of 15.1 percent to 44,859 units, while Mazda dropped 4.5 percent to 27,151 units.
The figures for Honda, Mitsubishi and Mazda include sales of minivehicles.
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