JAPAN: October export figures down

Statistics released on Tuesday (28/11/00) by the Japanese Automobile Manufacturers
Association (JAMA) showed that automobile exports in October fell by 6.3% from
the previous year (see
table).

North American exports dropped for the second month in a row due to reduced
sales in a toughening market and European figures were down for three consecutive
months because of depreciation of the euro. But there was good news from Asia
where exports rose by 37%.

Analysed by maker, Daihatsu, Isuzu, Mitsubishi and Nissan Diesel posted export
increases while Honda and Mazda reported falls of over 20%.

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