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Oct 3, 2011

TRUCKS STATISTICS - Japan - Trucks Production Surpasses Pre-Quake Level

(Getty Images: Nissan cars are loaded onto a cargo ship Japan)
Tokyo,Japan -Drivers's Seat, by Yoshio Takahashi -September 30, 2011: -- Japan’s auto production rose in August from a year earlier, eclipsing the pre-quake level of a year earlier for the first time since the March disasters, as car makers closed in on a complete restoration of their once-crippled parts supply chains...  Production of cars, trucks and buses in Japan increased 1.8% from the previous year to 704,096 in August, while vehicle exports jumped 7.6% to 363,772 vehicles, the Japan Automobile Manufacturers Association said Friday...  Still, only a few manufacturers are looking to boost exports from Japan, as most auto makers are seeking to raise production overseas to mitigate the impact of the strong yen, which remains near a postwar record high of ¥75.94 against the dollar...  Last month, Honda Motor Co. decided to build a new plant in Mexico to produce compact cars, which tend to have narrower margins, making them less profitable to export from Japan. Nissan Motor Co. also plans to move the production of its Rogue small sport utility vehicle to a plant in Canton, Mississippi, from a factory in Kyushu, Japan...  

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