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Japan's Big 3 carmakers see production, domestic sales growth in November

Japan's largest carmakers, Toyota Motor Corp., Nissan Motor Co. Ltd. and Honda Motor Co. Ltd. all reported year-over-year growth in production and domestic sales in November.

Toyota produced 952,935 vehicles worldwide in November, up 2.6% from the same month last year. The carmaker's domestic sales climbed 4.4% year over year to 198,251 automobiles, with a 3.7% growth in its passenger cars business and a 7.4% growth in its trucks and buses business. Exports fell 5.2% to 168,984.

Nissan's global production increased 0.1% year over year to 498,288 automobiles and sold 45,587 vehicles in Japan, up 31.4% year over year despite being indicted along with its arrested its ex-Chairman Carlos Ghosn. The carmaker's international sales fell to 420,070 units, down 11.3% year over year.

At Honda, production rose 2.3% to 492,765 units, of which 406,482 were produced abroad. Production in the U.S. and China rose by 9.9% to 111,412 vehicles and 3.6% to 146,914, respectively. The carmaker's domestic sales grew to 64,181 automobiles, marking a 5.7% increase from the same period last year. Honda's exports soared 117.4% to 19,739 vehicles, largely due to a nearly five-fold rise in exports to the U.S.

Mazda Motor Corp. reported a 3.4% year over year slump in production to 150,957 vehicles as overseas production fell 11.3% to 55,740 automobiles. However, the carmaker posted a 37.1% increase in domestic sales at 17,977 vehicles and a 6.1% year over year rise in exports to 82,549 units.

Suzuki Motor Corp. produced 269,888 vehicles worldwide, down 7.8% from the same period last year. The carmaker reported domestic sales up 13.9% year over year at 59,373 automobiles, while exports dipped 2.9% to 19,144 units.

Mitsubishi Motors Corp.'s production soared 19% year over year to 138,502 vehicles as its domestic production increased 21.1% to 63,425 vehicles and overseas out rose 17.3% to 75,077 vehicles. The carmaker sold 8,282 vehicles in Japan, up 7.5% from the same month last year.

Subaru Corp. reported a 0.8% increase year over year in production to 88,943 vehicles. The carmaker's sales in Japan slumped 0.1% compared with November 2017 to 12,153 vehicles, while its exports fell 8.1% to 48,108 automobiles.