Nissan Boosts Annual Output Capacity in Indonesia
http://dervishcom.blogspot.com/2011/11/nissan-boosts-annual-output-capacity-in.html
Despite the March 11 earthquake and tsunami, the nation's eight passenger vehicle manufacturers are expected to assemble nearly 23 million units worldwide this fiscal year, almost tying the record set in fiscal 2007, The Nikkei reported early Thursday.
They plan to build a total of more than 13 million vehicles in the second half, marking a 20% year-on-year increase to beat the 12 million units of the six months ended March 2008, before the financial crisis hit.
The disaster and the resulting parts shortages forced the firms to reduce production by more than 1 million units in the first half. But their operations have returned to normal this summer.
Japanese carmakers' global market shares fell after the disaster because the companies failed to supply enough new vehicles. In the U.S., Toyota Motor Corp. dropped to No. 4 in May, falling behind Chrysler Group LLC. Honda Motor Co. ceded fifth place to Sough Korea's Hyundai Motor Co. Since consumers abroad tend to buy their cars off the dealership lot, production cutbacks meant lost sales for Japanese companies.
According to research firm Fourin Inc., overall global auto production will increase from 78.41 million in 2010 to more than 80 million units this year.
Toyota will make 4.5 million vehicles worldwide in the second half, up 23% on the year and on a par with the 4.53 million it assembled in the second half of fiscal 2007. Nissan Motor Co. will turn out 2.59 million units, up 18%, while Honda will produce 2.2 million, up 24%. Suzuki Motor Corp. and Fuji Heavy Industries Ltd. will also build a record number of vehicles.
Toyota plans to raise daily output in Japan from slightly more than 12,000 now to 15,000 by next March. In the U.S., a plant in the state of Mississippi is expected to come onstream this fall. The company will also begin full-scale production of low-priced vehicles in India.
Honda will restore two shifts at a plant in the U.S. state of Indiana and a Canadian site in order to double production. In addition, a new plant will come onstream in the Chinese city of Guangzhou at year-end. The firm will also raise output at a factory in Sayama, Saitama Prefecture, from October.
Nissan will boost annual output capacity at an Indonesian plant from 50,000 units to 100,000 next month. Mitsubishi Motors Corp. will add a shift on minivehicle lines at a Kurashiki, Okayama Prefecture, plant and hire 800 more temporary workers. Mazda Motor Corp.'s second-half output is expected to surge 31% to 830,000 units. And Suzuki will increase output in India.
Japanese carmakers face pressure to lower costs further amid stiff competition with European and South Korean rivals, which are going on the offensive by drawing on the weakness of their currencies.
They plan to build a total of more than 13 million vehicles in the second half, marking a 20% year-on-year increase to beat the 12 million units of the six months ended March 2008, before the financial crisis hit.
The disaster and the resulting parts shortages forced the firms to reduce production by more than 1 million units in the first half. But their operations have returned to normal this summer.
Japanese carmakers' global market shares fell after the disaster because the companies failed to supply enough new vehicles. In the U.S., Toyota Motor Corp. dropped to No. 4 in May, falling behind Chrysler Group LLC. Honda Motor Co. ceded fifth place to Sough Korea's Hyundai Motor Co. Since consumers abroad tend to buy their cars off the dealership lot, production cutbacks meant lost sales for Japanese companies.
According to research firm Fourin Inc., overall global auto production will increase from 78.41 million in 2010 to more than 80 million units this year.
Toyota will make 4.5 million vehicles worldwide in the second half, up 23% on the year and on a par with the 4.53 million it assembled in the second half of fiscal 2007. Nissan Motor Co. will turn out 2.59 million units, up 18%, while Honda will produce 2.2 million, up 24%. Suzuki Motor Corp. and Fuji Heavy Industries Ltd. will also build a record number of vehicles.
Toyota plans to raise daily output in Japan from slightly more than 12,000 now to 15,000 by next March. In the U.S., a plant in the state of Mississippi is expected to come onstream this fall. The company will also begin full-scale production of low-priced vehicles in India.
Honda will restore two shifts at a plant in the U.S. state of Indiana and a Canadian site in order to double production. In addition, a new plant will come onstream in the Chinese city of Guangzhou at year-end. The firm will also raise output at a factory in Sayama, Saitama Prefecture, from October.
Nissan will boost annual output capacity at an Indonesian plant from 50,000 units to 100,000 next month. Mitsubishi Motors Corp. will add a shift on minivehicle lines at a Kurashiki, Okayama Prefecture, plant and hire 800 more temporary workers. Mazda Motor Corp.'s second-half output is expected to surge 31% to 830,000 units. And Suzuki will increase output in India.
Japanese carmakers face pressure to lower costs further amid stiff competition with European and South Korean rivals, which are going on the offensive by drawing on the weakness of their currencies.
