Fabrica Holdings Co., Ltd. press release (2024.09.27) Fabrica Holdings Co., Ltd. The number of new car registrations may increase! ? Will there be a market decline? /Used car market statistics report (August 2024 edition) Fabrica
Communications Co., Ltd. (Head office location: Naka-ku, Nagoya City, Aichi Prefecture, Representative Director, President and CEO: Masato Taniguchi), a wholly owned subsidiary of Fabrica Holdings Co., Ltd. (Head office: Minato-ku, Tokyo, Representative Director, President and CEO: Masato Taniguchi) The used car information site “Kurumaerabi.com” ( https://www.kurumaerabi.com/
https://prcdn.freetls.fastly.net/release_image/22939/183/22939-183-752740a01793adb1457737801ad77943-1791×1002.png We would like to introduce an excerpt from [Used Car Market Statistics Report (August 2024)]. Click here for details of this survey: https://www.kurumaerabi.co.jp/useful-details/1356/ Trends in the automobile sales market (August 2024) First, looking at the “month-on-month” comparison with July, the number of new car registrations decreased by 81.1% and the number of used car
registrations decreased by 82.9%. Regarding new cars, sales tend to decrease in August compared to July due to the long holiday period. Regarding used cars, the decrease in the number of registered light vehicles was particularly large, and the number of registered cars was the lowest in 2024. Next, looking at the “year-on-year change” compared to August last year, the number of new car registrations decreased by 96.5%, and the number of used car registrations decreased by 95.1%. Regarding new cars, it is thought that the impact of Typhoon No. 10 forced new car dealers, mainly in the Kyushu region, to suspend operations, which led to a decrease in the number of registered cars. Regarding used cars, the year-on-year decline was noticeable by brand, with six of the eight domestic brands, excluding “Toyota” and “Nissan,” showing a decline compared to the previous year’s results. Number of new car registrations 2024 June July August Monthly average Number of new car registrations 373,599 units 405,175 units 328,471 units 345,999 units Year-on-year comparison 95.1% 106.9% 96.5% 96.7% Number of registered used cars 2024 June July August Monthly average Number of registered used cars 505,839 units 563,618 units 467,267 units 520,645 units Year-on-year comparison 93.2% 110.0% 95.1% 101.4% *“Carselection.com” provides information on the number of registered cars, the Japan Automobile Dealers Association, which publishes the number of registered regular cars, and the Japan Automobile Dealers Association, which publishes the number of registered light cars. (National Federation of Light Motor Vehicle Associations)” We introduce the trends in the number of new and used car registrations based on statistical data. As mentioned in last month’s report, the number of used cars exported in August was lower than the previous year due to soaring transportation costs due to disruptions in shipping. However, this rise in transportation costs mainly occurs in the case of “container ships used for exporting low-cost vehicles,” so the impact is expected to be limited. Disturbances in shipping are expected to continue throughout this year, and it will likely be some time before the soaring costs of shipping are resolved. On the other hand, there is a possibility that the shortage in the domestic used car market will subside as major manufacturers increase production. In August, Toyota announced that it would be revising its new car production plan upwards from the initial estimate, and as a result, the number of new car registrations in Japan is expected to increase by around 15-20%. As opportunities for new car sales increase, trade-ins and purchases are expected to occur as new cars are purchased, and more vehicles are expected to appear on the used car market. However, looking at trends in AA (used car auto auctions), demand from buyers is greater than supply to the market, and market prices remain high, so it is unclear to what extent this increase in production will have an impact on the market decline. is opaque. Additionally, there are many cases where things do not go as planned due to changes in the situation, so it is a good idea to continue to keep an eye on changes in the situation both domestically and internationally. Trends in used car information sites (August 2024)
https://prcdn.freetls.fastly.net/release_image/22939/183/22939-183-d24453123752a42fcfc67652cde9d4bb-900×580.png * Comparison of market trends of the past 25 months of the car sales market and the used car information site “Kursaisen.com.” *The market trends on Carselection.com are excerpts from a report exclusively for member stores, so detailed figures are not disclosed. Used car sales trends for domestic cars [Popular ranking] We will introduce the used car sales trends for domestically produced cars in August 2024, as researched from the market trends of “Carselection.com”. Sales ranking by body type In the ranking of domestically produced cars by body type, light cars remained in first place. The market share of light cars and light vans/light wagons increased by approximately 2.0 points. As mentioned earlier, the number of registered light vehicles decreased in August compared to July, but the number of units sold is on the rise and demand seems to be increasing. Rank Body type Percentage Volatility 1st place Light vehicle 34.5% 2.0% 2nd place minivan/one box 15.9% -0.6% 3rd place compact/hatchback 13.1% -1.5% 4th place Light van/light wagon 10.4% 2.1% 5th place sedan/hardtop 6.9% 0.6% Sales ranking by car type In the ranking of domestic cars by model, Serena (Nissan) took first place. Prius (Toyota), which had been in first place since June, has fallen to third place, and Every (Suzuki), which was seventh in July, has moved into second place. Rank Car model (manufacturer) Ranking change 1st place Serena (Nissan) ↑(2nd place last time) 2nd place Every (Suzuki) ↑ (7th place last time) 3rd place Prius (Toyota) ↓ (1st place last time) 4th place Tanto Custom (Daihatsu) ↓ (3rd place last time) 5th place Wagon R (Suzuki) ↑(9th place last time) ◆You can check the used car sales trend [popularity ranking] of imported cars here. https://www.kurumaerabi.co.jp/useful-details/1356/ We support the management activities of used car dealers
“Carselection.com” issues a retail data report that is more detailed than the above report once a month to member stores that use “symphony.” In addition to introducing popular car models for each body type, you can also check the sales percentage by model year, mileage, price range, and color. These days, there is a constant need for change in response to the rapidly changing social situation. It is necessary to analyze data and run the PDCA cycle at high speed. At Carselect.com, we provide used car dealers with the know-how we have accumulated through more than 20 years of operating a used car information site, so if you have even the slightest interest, please feel free to contact us. Please inquire. Company profile [Fabrica Holdings Co., Ltd.] Representative: Masato Taniguchi, Representative Director, President and CEO Head office location: Akasaka 1-chome Center Building 9F, 1-11-30 Akasaka, Minato-ku, Tokyo Established: November 1994 Stock: TSE Standard Market (Code number: 4193) Corporate site: https://www.fabrica-hd.co.jp/ [Fabrica Communications Co., Ltd.] Representative: Masato Taniguchi,
Representative Director, President and CEO Head office location: Sanko Nishiki Building 8F, 3-5-30 Nishiki, Naka-ku, Nagoya, Aichi Prefecture Business details: Automobile sales support system development and sales business, Internet media business, WEB marketing support business, auto repair and rental car business Investment ratio: Fabrica Holdings Co., Ltd. 100% Corporate site:
https://www.fabrica-com.co.jp/