TRANSPORTATION UPDATE
MAY 2007
AUTOMOTIVE PRODUCTION AND TRENDS
GM North America April Production, 2007 Second-Quarter Production Forecast
Toyota
Motor Corporation Production, Sales for April 2007
Mazda Motor Corporation’s Production and Sales Results for April 2007
AUTOMOTIVE PROJECTS AND EXPANSIONS
PACCAR to Locate $300 Million Manufacturing Plant in Columbus, Mississippi
Cannon Automotive Solutions to Locate $13.1M Manufacturing Facility in Bowling
Green, KY
Howa
USA to Build Manufacturing Plant in Bowling Green, Kentucky
QTR Inc. to Open
New Facility in Evansville, Indiana
Auto Supplier Apollo Plating to Receive $3.98M for Facility Expansion in Taylor,
MI
Honda Supplier Tomasco Breaks Ground on Facility Expansion in Winchester, IN
GM North America April Production, 2007 Second-Quarter Production Forecast
GM North America April Production, 2007 Second-Quarter
Production Forecast
In April, GM North America produced 335,000 vehicles
(120,000 cars and 215,000 trucks). This is down 17,000 units or 5 percent
compared to April 2006 when the region produced 352,000 vehicles (130,000 cars
and 222,000 trucks). (Production totals include joint venture production of
15,000 vehicles in April 2007 and 24,000 vehicles in April 2006.)
Additionally, the region's 2007 second-quarter production
forecast is revised at 1.145 million vehicles (403,000 cars and 742,000 trucks),
down 15,000 units or 1.3 percent from last month's guidance.
GM also announced final 2007 first-quarter and unchanged
2007 second-quarter production forecast for its international regions.
GM Europe - GM Europe produced 511,000 vehicles in the
first-quarter of 2007. In the first-quarter of 2006 the region built 494,000
vehicles. The region's 2007 second-quarter production forecast remains unchanged
at 473,000 vehicles. In the second-quarter of 2006 the region built 495,000
vehicles.
GM Asia Pacific - The region built 544,000 vehicles in the
first-quarter of 2007. In the first-quarter of 2006 the region produced 472,000
vehicles. GM Asia Pacific's 2007 second-quarter production forecast remains
unchanged at 568,000 vehicles. In the second-quarter of 2006 the region built
482,000 vehicles.
GM Latin America, Africa and the Middle East - The region
built 222,000 vehicles in the first quarter of 2007. In the first quarter of
2006 the region produced 194,000 vehicles. The region's 2007 second-quarter
production forecast is unchanged at 233,000 vehicles. In the second quarter
of 2006 the region built 206,000 vehicles.
Toyota Motor
Corporation Production, Sales for April 2007
Toyota Motor Corporation Production, Sales for April 2007
April 2007 Results
|
|
(Unit = one vehicle; figures in ( ) show year-on-year
percentage change)
|
|
|
Toyota |
Daihatsu |
Hino |
Total |
|
PRODUCTION IN JAPAN 1 |
|
|
|
|
|
Passenger cars |
297,647 (-4.3) |
52,414 (1.9) |
---
--- |
350,061 (-3.5) |
|
Trucks & buses |
29,905 (-3.1) |
10,288 (-21.2) |
7,881 (1.3) |
48,074 (-7.0) |
|
|
|
|
|
|
|
Total |
327,552 (-4.2) |
62,702 (-2.8) |
7,881 (1.3) |
398,135 (-3.9) |
|
|
|
|
|
|
|
SALES IN JAPAN 2 |
|
|
|
|
|
Passenger cars |
91,217 (-12.3) |
36,298 (2.4) |
--- --- |
127,515 (-8.6) |
|
Trucks & buses |
14,479 (-7.9) |
9,999 (-8.5) |
2,206 (-31.2) |
26,684 (-10.6) |
|
|
|
|
|
|
|
Total |
105,696 (-11.7) |
46,297 (-0.2) |
2,206 (-31.2) |
154,199 (-8.9) |
|
|
|
|
|
|
|
EXPORTS |
|
|
|
|
|
Passenger cars |
202,620 (3.8) |
10,450 (26.1) |
---
--- |
213,070 (4.7) |
|
Trucks & buses |
15,098 (14.8) |
1,584 (0.2) |
4,542 (16.0) |
21,224 (13.8) |
|
|
|
|
|
|
|
Total |
217,718 (4.5) |
12,034 (22.0) |
4,542 (16.0) |
234,294 (5.5) |
|
|
|
|
|
|
|
OVERSEAS PRODUCTION 3 |
339,721 (13.8) |
4,474 (183.2) |
---
--- |
344,195 (14.6) |
|
WORLDWIDE PRODUCTION |
667,273 (4.2) |
67,176 (1.7) |
7,881 (1.3) |
742,330 (3.9) |
|
|
|
1. CBU and KD (Japan line-off basis)
2. Includes vehicles produced overseas
3. Excludes KD (local line-off basis) |
Year To Date (January 1 to April 30, 2007)
|
(Unit = 1 vehicle; figures in ( ) show year-on-year
percentage change) |
|
|
Toyota |
Daihatsu |
Hino |
Total |
|
PRODUCTION IN JAPAN 1 |
1,419,876 (-1.6) |
277,141
(9.0) |
32,582
(-1.5) |
1,729,599
(-0.05) |
|
SALES IN JAPAN 2 |
588,234
(-9.8) |
242,550
(5.9) |
17,065
(-11.9) |
847,849
(-5.8) |
|
EXPORTS |
866,157
(9.9) |
48,566
(46.5) |
17,209
(15.9) |
931,932
(11.4) |
|
OVERSEAS PRODUCTION 3 |
1,364,211
(6.3) |
15,841
(71.6) |
--- --- |
1,380,052
(6.8) |
|
WORLDWIDE PRODUCTION |
2,784,087
(2.1) |
292,982
(11.2) |
32,582
(-1.5) |
3,109,651
(2.9) |
|
|
|
1. CBU and KD (Japan line-off basis)
2. Includes vehicles produced overseas
3. Excludes KD (local line-off basis) |
Mazda Motor Corporation’s Production and Sales Results for April 2007
|
Mazda Motor Corporation’s Production and Sales
Results for April 2007
I. Production
|
|
Breakdown |
April 2007 |
Jan. - Apr. 2007 |
|
Units |
YoY
Change (%) |
Units |
YoY
Change (%) |
|
DOMESTIC
PRODUCTION |
Passenger Cars |
69,194 |
-3.6 |
299,569 |
+0.9 |
|
Commercial Vehicles |
2,879 |
-39.4 |
14,574 |
-30.6 |
|
Total |
72,073 |
-5.8 |
314,143 |
-1.2 |
|
OVERSEAS
PRODUCTION |
Passenger Cars |
15,062 |
-35.9 |
85,553 |
-21.2 |
|
Commercial Vehicles |
4,398 |
-16.2 |
28,996 |
+17.0 |
|
Total |
19,460 |
-32.3 |
114,549 |
-14.1 |
|
GLOBAL
PRODUCTION |
Passenger Cars |
84,256 |
-11.6 |
385,122 |
-5.0 |
|
Commercial Vehicles |
7,277 |
-27.2 |
43,570 |
-4.8 |
|
Total |
91,533 |
-13.0 |
428,692 |
-5.0 |
Note: As of January 2007, overseas production figures
are based on Mazda brand units coming off the production line (does not
include CKD kits).
1. Domestic Production
The domestic production volume was below the figure for the same month last
year, down 5.8% compared to April 2006. Production volumes of commercial
vehicles and other models including the CX-7 were lower than last year, but
production of the Mazda3 was healthy.
[Domestic production of key models in April 2007]
|
Mazda3 |
: |
35,071 units (up 13.7% year-on-year) |
|
CX-7 |
: |
3,237 units (down 44.8% year-on-year) |
|
CX-9 |
: |
1,632 units |
2. Overseas production
The overseas production volume was below the figure for the same month last
year, down 32.3% on April 2006. Reduced production of the Mazda6, among
other models, led to the result, despite steady production of the Mazda3.
[Overseas production of key models in April 2007]
|
Mazda3 |
: |
3,374 units (up 177.2% year-on-year) |
|
Mazda6 |
: |
6,912 units (down 35.3% year-on-year) |
II. Domestic sales
|
|
Breakdown |
April 2007 |
Jan. - Apr. 2007 |
|
Units |
YoY
Change (%) |
Units |
YoY
Change (%) |
|
DOMESTIC
SALES |
Passenger Cars |
12,920 |
-5.7 |
80,613 |
-7.7 |
|
Commercial Vehicles |
2,960 |
-26.4 |
14,349 |
-23.0 |
|
|
|
|
|
|
|
Registration Total |
11,931 |
-13.5 |
74,232 |
-11.9 |
|
Micro-mini Total |
3,949 |
+0.8 |
20,730 |
-4.8 |
|
Total |
15,880 |
-10.4 |
94,962 |
-10.4 |
The domestic sales volume was below the figure for the
same month last year, down 10.4% compared to April 2006. This result mainly
reflects fewer sales of commercial vehicles and the Mazda5, although sales
of the Mazda3 were brisk.
Mazda’s registered vehicle market share was 5.5%, down 0.2 points over April
2006, with a 2.8% share of the micro-mini segment (up 0.2 points) and a 4.4%
total market share, down 0.1 points over the same month last year.
[Domestic sales of key models in April 2007]
|
Mazda3 |
: |
1,769 units (up 76.4% year-on-year) |
|
Mazda5 |
: |
1,250 units (down 24.7% year-on-year) |
III. Exports
|
|
Breakdown |
April 2007 |
Jan. - Apr. 2007 |
|
Units |
YoY
Change (%) |
Units |
YoY
Change (%) |
|
EXPORTS |
Passenger Cars |
54,688 |
-4.9 |
251,692 |
+11.5 |
|
Commercial Vehicles |
201 |
-21.2 |
1,107 |
+6.1 |
|
|
|
|
|
|
|
North America |
23,533 |
-21.6 |
104,495 |
+16.4 |
|
Europe |
17,386 |
+4.6 |
88,072 |
-0.9 |
|
Oceania |
5,698 |
+54.2 |
20,152 |
+7.3 |
|
Others |
8,272 |
+12.1 |
40,080 |
+36.7 |
|
Total |
54,889 |
-4.9 |
252,799 |
+11.5 |
Exports in April 2007 were 4.9% below the figure for
the same month last year. The result was mainly due to fewer exports of the
CX-7, despite healthy exports of the Mazda3 and other models.
Exports to Europe were particularly healthy, reaching 17,386 units (up 4.6%
year-on-year), mainly due to an increased export volume of the Mazda3.
[Exports of key models in April 2007]
|
Mazda3 |
: |
31,682 units (up 8.3% year-on-year) |
|
CX-7 |
: |
2,775 units (down 38.3% year-on-year) |
|
PACCAR to Locate $300 Million Manufacturing Plant in Columbus, Mississippi
PACCAR to Locate $300 Million Manufacturing Plant in
Columbus, Mississippi
PACCAR, a global leader in the design and manufacture of
premium light-, medium- and heavy-duty trucks, recently announced that it will
construct its newest engine manufacturing and assembly plant on a 394-acre site
in Columbus, Miss.
In April, the Mississippi Legislature approved a state bond
package totaling $48.4 million in support of the project. The package included
$23.9 million for on-site improvements such as roads, site preparation, fire
service and water and wastewater extensions. The other $24.5 million will
support for off-site infrastructure and training, including road improvements
and a training center.
The company will invest $300 million in the project, which
will create 500 new jobs for the area. Annual payroll will be roughly $18
million. Production is expected to begin in 2010.
Jeff Forsythe, Senior Consultant at McCallum Sweeney
Consulting and project manager for PACCAR’s “Project Jupiter” added, “The
outstanding site and strong labor force in the region were important factors in
this location decision,” said Jeff Forsythe, senior consultant at McCallum
Sweeney Consulting and project manager for PACCAR’s “Project Jupiter”. “It was a
highly competitive project and in the end the Mississippi team prevailed over
locations in 12 states.”
Cannon Automotive Solutions to Locate $13.1M Manufacturing Facility in Bowling
Green, KY
Cannon Automotive Solutions to Locate $13.1M
Manufacturing Facility in Bowling Green, KY
Cannon Automotive Solutions, Inc., an affiliate of The
Electromac Group, recently announced that it will locate its newest
manufacturing operation on approximately 14 acres in Bowling Green’s Kentucky
Transpark. The $13.1 million investment is expected to create up to 100 new
full-time jobs during the first five years of operation, with an average hourly
wage of $17.90.
Plans for the new facility include the manufacture of
individual component stampings for frames to be installed in the 2009 next
generation Ford F-150 pickup truck. Construction on the 59,500 square foot
facility is scheduled to be complete by October 2007. The project represents the
second new location announcement for the Kentucky Transpark in the last month.
"The Electromac Group is pleased with the choice of Bowling
Green, Kentucky, as the site for its new state-of-the-art manufacturing
facility. We believe that Bowling Green and Kentucky will provide the necessary
base for our company to expand and develop into the future," said Ron Truant,
vice president of The Electromac Group.
The Electromac Group, established in 1955 in Windsor,
Canada, is a single source supplier for turnkey tooling and production of metal
stampings to the automotive industry. The company employs approximately 250
people at its five existing facilities in Canada and Michigan.
The Kentucky Economic Development Finance Authority (KEDFA)
preliminarily approved Cannon Automotive Solutions, Inc. for tax benefits up to
$1 million under the Kentucky Industrial Development Act (KIDA), an incentive
program designed to attract and expand manufacturing operations in the state.
Howa
USA to Build Manufacturing Plant in Bowling Green, Kentucky
Howa USA to Build Manufacturing Plant in Bowling Green,
Kentucky
Howa USA, Inc. recently announced that it will acquire
approximately 24 acres in the Kentucky Transpark, located in Bowling Green, Ky.
The company plans to construct a new 82,000 square foot facility to manufacture
dash insulators, headliners, and other interior products for the automotive
industry.
Howa USA will also purchase new equipment and upgrade
building fixtures for a total projected investment of over $10,000,000. They
expect to create 61 new full time jobs as a result of their investment.
Howa Textile Industry Co., LTD, the sole parent company of
Howa USA, Inc., was established in 1955 and manufactures interior auto parts
such as headliners, door panels, dash insulators, and sunshade trims since its
establishment. They are a market leader among Japanese suppliers with a customer
base including Toyota, Nissan, and Honda. Howa Textile Industry Co., LTD
established Howa USA in 2004.
"Our business in the USA has been growing rapidly, " said
Akiyori Shibuya, President of Howa Textile, Inc. "In order to meet the needs of
our current and future customers, we are very pleased to announce our decision
to establish a production facility in Bowling Green's Kentucky Transpark."
The Kentucky Economic Development Finance Authority
preliminarily approved Howa USA, Inc. for tax benefits up to $1 million under
the Kentucky Industrial Development Act, an incentive program designed to
attract and expand manufacturing operations in the state. Howa USA, Inc. has
applied for benefits under the Kentucky Enterprise Initiative Act.
The program allows approved companies making an investment
of $500,000 or more in Kentucky to recoup Kentucky sales and use tax on the cost
of construction materials, building fixtures and equipment used for research and
development.
QTR Inc. to Open
New Facility in Evansville, Indiana
QTR Inc. to Open New Facility in Evansville, Indiana
QTR, Inc. recently celebrated the grand opening of its
newest facility in Evansville, Ind. The company built a state-of-the-art
facility adjacent to its existing manufacturing facility. With a total
investment of $3.7 million, the expansion included an additional twin-screw
production line, improved blending and material handling capabilities. There
were significant improvements made for QTR’s employees, including additional
lighting, ventilation, comfortable offices, locker rooms and break areas.
In 1993, QTR, Inc., began business as an
ISO90000-registered Tier II supplier to the automotive industry specializing in
custom compounding of recycled plastics. QTR’s recycled product closely
resembles prime materials, but provides significant cost savings to the end
user.
QTR’s sales growth has averaged more than 30 percent per
year since the operation began in 1993. The company has 50 employees and sales
of $12.5 million a year.
Auto Supplier Apollo Plating to Receive $3.98M to Support Facility Expansion in
Taylor, MI
Auto Supplier Apollo Plating to Receive $3.98M to
Support Facility Expansion in Taylor, MI
The Michigan Economic Development Corp. recently announced
that a $3.98 million allocation has been approved through the Private Activity
Bond Program to help finance the expansion of Apollo Plating Inc. and Britework
Properties II, LLC in Taylor, Mich.
The bonds, issued by the Michigan Strategic Fund, will be
used to finance acquisition and installation of machinery and equipment and
renovation of an existing manufacturing facility at 12620 Delta Drive. The
machinery and equipment portion of the project will be owned by Apollo Plating,
a Michigan corporation, and improvements to the manufacturing facility will be
owned by Britework Properties, a Michigan limited liability company.
The project will be used in the nickel-chrome and zinc
plating business of Apollo Plating, which includes nickel-chrome, chrome flash
and zinc plating, buffing, polishing and PVD coating principally of body trim
parts, wheel covers and caps, step bars, roof racks and structural vehicle
components for Tier I and Tier II automotive suppliers.
Private activity bonds are issued to finance projects for
manufacturers and certain non-profit corporations. The MSF acts as an
intermediary between a borrowing company and lending party to lessen the cost of
borrowing because the interest paid to the bond buyer is exempt from federal,
state and local taxes.
Honda Supplier Tomasco Breaks Ground on Manufacturing Facility Expansion in
Honda Supplier Tomasco Breaks Ground on Facility
Expansion in Winchester, IN
Tomasco recently ground on the expansion on the company’s
manufacturing facility in Winchester, Ind. The $29 million project will nearly
double the company's Indiana work force and will add a parts manufacturing line
that will supply the new Honda plant near Greensburg, Ind.
Construction of the 127,000 square foot expansion project
will begin later this month, and company officials expect to begin full
production at the site in late 2008.
“Honda’s announcement of its Greensburg plant created a
great opportunity for Tomasco to grow in Indiana,” said Tim Peterson, Tomasco’s
vice president of manufacturing. “With our existing facility in Winchester and
our excellent team of associates, this is a great growth opportunity for Tomasco
and the economy of East Central Indiana.”
Tomasco currently employs more than 130 in Winchester and
produces a myriad of metal hinges, locks and brackets for Honda.
Indiana’s economy continues to feel the positive impact of
Honda’s decision to build a new production facility in Decatur County near
Greensburg. Interior parts supplier TS Tech announced in March that it would
locate a new production facility in New Castle to supply the new Honda plant.
McIlvaine Company
Northfield, IL 60093-2743
Tel: 847-784-0012 Fax: 847-784-0061
E-mail: editor@mcilvainecompany.com
Web site: www.mcilvainecompany.com