From Deseret News archives:

Japan auto production falls for 8th straight month

Published: Monday, June 29, 2009 12:08 a.m. MDT
PRINT | FONT + - 

TOKYO — Japan's auto production fell for the eighth straight month in May, plummeting 41.4 percent from a year earlier, as the nation's top industry continued to be hammered by the global slowdown.

Japan produced 542,282 vehicles in May, the Japan Automobile Manufacturers Association said Monday in a monthly report.

The industry group also said exports from Japan declined for the eighth straight month, plunging 55.9 percent from a year earlier to 233,217 vehicles.

Japan has been battling a global slump for months.

In a separate report, which showed some signs that Japanese manufacturers may be gradually recovering, Japan's industrial output rose for the third straight month in May.

Industrial production in the world's second-biggest economy rose 5.9 percent from the previous month, matching a rise in April that marked the biggest jump since March 1953.

About this ad

View Comments

DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.

– About Comments

rss icon

Recommended in Business

Story

The company, EyeGuardian, allows parents to keep tabs on all of their children's Facebook activity.

Story

Auto repair workers stood in the aisles of a packed room Thursday to tell lawmakers they feared for their jobs.

Story

The recent mortgage settlement totaled about $25 billion. See which states get the biggest chunks of money.

In Business Across Site