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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Japan car makers set foreign production records AP - Tuesday, January 26 Send IM Story Print TOKYO – Major Japanese carmakers ramped up foreign production to record levels in December, they said Monday, as they continued to move factories abroad and global sales showed tentative signs of a recovery. Toyota Motor Corp. and Nissan Motor Co. said they made more cars at their international factories then ever before during the month, while Honda Motor Co. had record production in China and other parts of Asia. Toyota said it made 636,102 cars abroad in December, up 33 percent from the same month a year earlier and its fifth straight month of increases. The company has in recent months been making more cars to keep up with global sales, which have gradually recovered compared to a year ago, when the economic crisis unfolded. Company spokesman Paul Nolasco said the numbers were a positive sign of a turnaround, but stopped short of saying that a full recovery was under way. "Turning around and getting there are totally different," he said. Japanese car companies have been gradually shifting production outside of the country, so that cars are made closer to where they are sold. The spike has also been driven by increasing car sales outside of the country, in part due to government measures to spur buying, such as rebates and tax benefits. For 2009, Toyota's worldwide production fell 22 percent from the previous year. Last year, the company made just over half of its vehicles outside of Japan. Nissan Motor Co. said its production outside of Japan shot up 69 percent in December to 183,422 vehicles, also a record for the month. This included an 81 percent increase in U.S. production. Honda said its foreign output for December was only 3.4 percent higher globally, but marked the first increase since October of 2008. Production in China shot up over 65 percent. Both Nissan and Honda said global production fell for 2009. Recommend Send IM Story Print Related Articles Mozilla leader worries about Internet limits AP - 1 hour 6 minutes ago RPT-PREVIEW-Bank of Israel to hold rates after 2 straight hikes Reuters - 1 hour 6 minutes ago Earnings Preview: 4Q loss seen at UAL AP - 1 hour 10 minutes ago AOL buys online video company StudioNow for $36.5M AP - 1 hour 14 minutes ago 2-DNO faces Kurdistan damages of up to $144 million Reuters - 1 hour 14 minutes ago News Search Top Stories EU probes Rio Tinto, BHP Billiton iron ore deal Ethiopia plane crashes off Lebanon with 90 on board New York woman falls, rips Picasso painting China denies state role in Google cyberattacks Ericsson to cut 1,500 more jobs, profit plunges More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Glacier alarm 'regrettable error': UN climate head Haiti police count their losses, prepare for calamity Barclays Capital head 'slates Obama bank plan' Water woes could undermine Yemen's drive against Al-Qaeda Traumatised Haitians struggle to comprehend grim fate More Most Viewed » Woman who saved Anne Frank's diary dead at 100 Scientists praise Obama as Doomsday clock reset More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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