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JAPANESE AUTO IMPORTS FOR MAY DOWN MORE THAN 15 PERCENT FROM LAST YEAR

 JAPANESE AUTO IMPORTS FOR MAY
 DOWN MORE THAN 15 PERCENT FROM LAST YEAR
 WASHINGTON, June 30 /PRNewswire/ -- Japan's leading automakers imported more than 111,000 passenger cars, trucks and buses to the United States in May, a decrease of more than 15 percent (more than 20,000 fewer cars) over last May, the Japan Automobile Manufacturers Association (JAMA) announced today.
 For the first five months of '92, total Japanese imports to the United States were down more than 10 percent compared to the same period last year, continuing a steady five-month decline.
 Total Japanese imports for fiscal year 1991 (which ended in March '92) were about 25 percent lower than the automakers' voluntary 1991 export limit of 2.3 million cars. Japan's automakers have agreed to limit their exports to the United States to no more than 1.65 million cars in fiscal year 1992.
 According to JAMA, for the first five months of '92, passenger car exports from Japan to the United States fell by 6.5 percent and truck exports fell by 32.4 percent, compared to last year. For May alone, exports to the United States declined overall by 15.4 percent -- a figure which includes a 44.6 percent drop in truck exports and an 8.7 percent decrease in exports of passenger cars.
 Japan's total automobile exports to all countries decreased by 3.5 percent in May (compared to last year) -- but were up by 2.2 percent for the year.
 Production of new cars, buses and trucks in Japan fell by 10.8 percent in May, reflecting an 8.2 percent drop in passenger car production, a 17.9 percent drop in truck production and a 10.9 percent drop in bus production. For January through May, production was down by 4.4 percent overall.
 JAMA is the national trade association for the 13 Japanese manufacturers of motor vehicles and motorcycles. Its members include: Daihatsu Motor Co., Ltd.; Fuji Heavy Industries Ltd.; Hino Motors, Ltd.; Honda Motor Co., Ltd.; Isuzu Motors Limited; Kawasaki Heavy Industries, Ltd.; Mazda Motor Corporation; Mitsubishi Motors Corporation; Nissan Diesel Motor Co., Ltd.; Nissan Motor Co., Ltd.; Suzuki Motor Co., Ltd.; Toyota Motor Corporation; and Yamaha Motor Co., Ltd.
 JAMA is dedicated to improving communication and cooperation between the U.S. and Japanese auto industries and is devoted to the dissemination of factual information on the world auto industry. JAMA, which is headquartered in Tokyo, has offices in Washington and Brussels, Belgium.
 Production (1)
 Passenger Cars Trucks Buses Total
 May 1992 706,038 230,770 3,388 940,196
 May 1991 768,993 280,979 3,801 1,053,773
 Percent Change -8.2 -17.9 -10.9 -10.8
 Year to date '92 3,909,040 1,307,149 19,997 5,236,186
 Year to date '91 4,006,066 1,453,793 18,214 5,478,073
 Percent Change -2.4 -10.1 9.8 -4.4
 Production Passenger Cars by Size (2)
 Regular Small Mini Total
 May 1992 174,939 464,860 66,239 706,038
 May 1991 133,578 556,546 78,869 768,993
 Percent Change 31.0 -16.5 -16.0 -8.2
 Year to date '92 1,013,215 2,553,190 342,635 3,909,040
 Year to date '91 724,495 2,922,220 359,351 4,006,066
 Percent Change 39.9 -12.6 -4.7 -2.4
 New Vehicle Registration (in Japan) (3)
 Passenger Cars Trucks Buses Total
 May 1992 315,805 183,151 1,455 500,411
 May 1991 369,340 207,112 1,515 577,967
 Percent Change -14.5 -11.6 -4.0 -13.4
 Year to date '92 1,943,199 1,051,250 10,615 3,005,064
 Year to date '91 2,088,826 1,117,860 10,817 3,217,503
 Percent Change -7.0 -6.0 -1.9 -6.6
 Export (4) (5)
 Passenger Cars Trucks Buses Total
 May 1992 313,391 86,173 4,361 403,925
 May 1991 322,923 92,224 3,436 418,583
 Percent Change -3.0 -6.6 26.9 -3.5
 Year to Date '92 1,929,844 495,096 25,447 2,450,387
 Year to Date '91 1,869,539 509,249 19,146 2,397,934
 Percent Change 3.2 -2.8 32.9 2.2
 Export to the United States (6)
 Passenger Cars Trucks Buses Total
 May 1992 97,664 13,545 0 111,209
 May 1991 107,016 24,450 0 131,466
 Percent Change -8.7 -44.6 -15.4
 Year to Date '92 639,308 87,896 1 727,205
 Year to Date '91 683,396 130,083 0 813,479
 Percent Change -6.5 -32.4 -- -10.6
 Export by Major World Market Areas (May 1992)
 Passenger Cars Trucks Buses Total
 Asia 26,161 12,693 1,337 40,191
 M.E. Asia 17,605 16,167 760 34,532
 Europe 116,930 16,142 212 133,284
 N. America 116,511 15,934 0 132,445
 C.S. America 15,684 8,135 828 24,647
 Africa 4,317 6,692 656 11,665
 Oceania 15,416 9,421 503 25,340
 Others 767 989 65 1,821
 TOTAL 313,391 86,173 4,361 403,925
 -0- 6/30/92
 /CONTACT: John Kiker for the Japan Automobile Manufacturers Association, 202-342-7048/ CO: Japan Automobile Manufacturers Association ST: District of Columbia IN: AUT SU: ECO


IH -- DC008 -- 5155 06/30/92 11:53 EDT
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