Japanese July Auto Production Surges
(RTTNews) - Friday, the Japan Automobile Manufacturers Association, or JAMA reported that automobile output jumped 24.1% in July from the previous year to 1.08 million units. At the same time, production of motorcycle recorded an annual fall of 23.3% in July.
Further, the JAMA said domestic sales of automobile stood at 454,594 vehicles, up 3.6% annually and exports of automobile climbed 20.3%.
Meanwhile, domestic sales of motorcycle were down 26.1% year-on-year and exports showed 21.8% fall in July.
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