简体中文
CE Exclusive
Japan's carmakers to lift output in 2014
Last Updated: 2013-12-30 10:06 | CE.cn
 Save  Print   E-mail

By Li Hongmei

Japanese automakers will ramp up production early next year because they expect a big increase in car purchases before a sales tax hike in April, media reported yesterday.

Toyota Motor Corp will increase domestic output in January-March by about 10 percent compared with this month, the Nikkei business daily reported.

Toyota has already told its parts suppliers that daily output in January-March will total around 14,000 vehicles, the Nikkei said without citing the source of its information.

For December the automaker had planned to produce about 12,500 cars per day, the newspaper said.

In January, Honda Motor Co will operate two of its domestic plants two days longer than originally scheduled to meet demand for one of its smaller models, according to the Nikkei.

Mitsubishi Motors Corp and Suzuki Motor Corp will also keep domestic production lines running three days longer than originally planned in January to meet demand for newly introduced sub-compact models.

Japan will raise its 5 percent sales tax to 8 percent in April to help pay for rising healthcare costs. The tax increase has prompted consumers to bring forward purchases of homes, cars, other durable goods and luxury items before they become more expensive.

0
Share to 
Related Articles:
Most Popular
BACK TO TOP
Edition:
Chinese | BIG5 | Deutsch
Link:    
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2024 China Economic Net. All right reserved