May Automobile Production Shows First Year-on-Year Increase in Two Months

The Japan Automobile Manufacturers Association (JAMA) announced that automobile production volume in Japan for May 2016 totaled 656,814 units, an increase of 1.7 percent compared to the same month of the previous year and the first year-on-year increase in two months. Looking at production volume by vehicle type, passenger cars totaled 554,070 units, up 2.8 percent for the first increase…

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