Fabrica Holdings Co., Ltd. press release (2024.10.31) Fabrica Holdings Co., Ltd. Further attack on rising transportation costs! ? When will the number of used cars increase? /Used car market statistics report (September 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/22939/184/22939-184-2c57b6fb869ef5026182eb005783fb71-2214×1220.png We would like to introduce an excerpt from [Used Car Market Statistics Report (September 2024)]. Click here for details of this survey: https://www.kurumaerabi.co.jp/useful-details/1356/ Trends in the automobile sales market (September 2024) First, looking at the “month-on-month” comparison with August, the number of new car registrations increased by 133.6%, and the number of used car registrations increased by 109.8%. Regarding new cars, the number of new cars tends to decrease in August due to the long holiday period, so the number of registered cars tends to increase in September compared to the previous month. It can be said that this year’s trend is similar to previous years. The number of registered used cars also tends to increase compared to the previous month for the same reason as new cars, and the number of registrations is increasing as usual. Next, when we look at the “year-on-year change” compared to September last year, the number of new car registrations decreased by 100.3%, and the number of used car registrations decreased by 98.4%. In 2024, the number of new car registrations is on the decline compared to the previous year, and the only month after April that exceeded the number of registrations for the same month last year was July, but the number of registrations in September exceeded the number of registrations of the previous year. Regarding used cars, although it once turned to an increasing trend in July 2024, it has since returned to a decreasing trend. Number of new car registrations 2024 July August September Monthly average Number of new car registrations 405,175 units 328,471 units 438,733 units 361,455 units Year-on-year comparison 106.9% 96.5% 100.3% 97.4% Number of registered used cars 2024 July August September Monthly average Number of registered used cars 563,618 units 467,267 units 512,881 units 519,351 units Year-on-year comparison 110.0% 95.1% 98.4% 100.9% *“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. The soaring transportation costs, which were mentioned in this July/August report, are expected to continue into the fall of 2024 and beyond. Continuing from last month, transport ships have been forced to take a circuitous route through the Cape of Good Hope due to disruptions to shipping, including water shortages in the Panama Canal and deteriorating security in the Red Sea. There is no prospect of resuming operations through the Panama Canal, and it is predicted that the ship will not be able to return to its previous route until around fall 2025 at the earliest. Starting in 2025, new ships are scheduled to be introduced as a countermeasure against such disruptions to shipping. However, in response to stricter marine environmental regulations that will be enforced after 2030, the construction cost of new ships has increased significantly compared to before, and it is said that the rising costs will be passed on directly to transportation costs. I am. As a result, although distribution will be promoted, transportation costs are expected to continue to rise. Similar to the soaring transportation costs, Toyota’s increase in domestic new vehicle production, which was mentioned in this report in August, was only a temporary increase. In addition, the increase in production was only seen in some car models, so it did not lead to an increase in the number of used cars. On the other hand, in AA (used car auto auction), the contract rate and unit price exceeded the previous year’s results, and the average unit price increased by 19.5% compared to the same period last year, marking the highest amount ever for a first half since fiscal 2000. Exporters who want to secure Japanese cars, which are still in high demand overseas, are stepping up their purchases, and the winning bid price continues to rise. In order for the rise in used car prices to subside in the future, it is essential that overseas demand for Japanese cars calms down and domestic inventories increase. However, considering the current high level of overseas demand and exchange rates, even if major manufacturers increase their production volume, there is a high possibility that the vehicles will be exported, and it is unlikely that the vehicles will be sold in the domestic used car market. Therefore, it is expected that purchasing conditions will continue to be difficult. Under these circumstances, it will be necessary to place more emphasis on the retail price per unit in stock than on the inventory turnover rate when purchasing. Trends in used car information sites (September 2024)
https://prcdn.freetls.fastly.net/release_image/22939/184/22939-184-64f00f307ddda2a732d6a7fa7de940ed-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] Introducing the September 2024 used car sales ranking for domestically produced cars, based on market trends from Carselection.com. Sales ranking by body type In the ranking of domestically produced cars by body type, light cars remain in first place. In September, the top five body types experienced a decline in market share across the board. On the other hand, although not in the top five, vans/commercial vehicles and light trucks are increasing their share. Rank Body type Percentage Volatility 1st place Light vehicle 33.0% -1.5% 2nd place minivan/one box 15.7% -0.2% 3rd place compact/hatchback 11.7% -1.4% 4th place Light van/light wagon 10.1% -0.3% 5th place sedan/hardtop 7.0% 0.0% Sales ranking by car type In the ranking of domestically produced cars by model, Prius (Toyota) took first place. While Tanto Custom (Daihatsu) and N-BOX Custom (Honda) expanded their market share, there were many changes in light vehicles, with Every (Suzuki) and Tanto (Daihatsu) decreasing their market share. Rank Car model (manufacturer) Ranking change 1st place Prius (Toyota) ↑(3rd place last time) 2nd place Serena (Nissan) ↓ (1st place last time) 3rd place Tanto Custom (Daihatsu) ↑(4th place last time) 4th place N-BOX Custom (Honda) ↑(7th place last time) 5th place Hijet Cargo (Daihatsu) ↑(13th 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/