SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: porcupine --''''> who wrote (1671)5/26/1999 10:09:00 AM
From: porcupine --''''>  Read Replies (2) of 1722
 
Japan Auto Production Falls

May 26, 1999

By The Associated Press

TOKYO (AP) -- Hit by slumping domestic sales and
weak demand abroad, Japan's automobile production
fell 6.5 percent in April from a year earlier, an
industry association said Wednesday.

Production of cars, trucks and buses totaled 711,787
vehicles last month, compared with 761,402
produced in April of last year, the Japan Automobile
Manufacturers Association said in its monthly
report.

The association estimated that Japan's vehicle
exports dropped 11 percent in April from a year
earlier.

The production decline in April followed a 3.8
percent rise in March after output declined four
straight months because of sluggish sales due to a
recession at home and weak demand in Asian
countries.

Output at Toyota Motor Corp., Japan's largest
automaker, was down 8.3 percent in April to
234,612 vehicles, the association said. Production at
Nissan Motor Co. fell 8.3 percent to 86,580.

Among other major automakers, Honda Motor Co.
production dropped 7.5 percent to 88,478 vehicles,
while Mazda Motor Corp.'s fell 9.8 percent to
53,635.

Output at Mitsubishi Motors Corp. slipped 1.0
percent to 60,527 vehicles. Production at Suzuki
Motor Corp. rose 2.7 percent to 79,411, while Isuzu
Motors Ltd. output dropped 12.7 percent to 11,524.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext