Exports soar but all not rosy for Japan carmakers

Newswire

By Edwina Gibbs TOKYO, June 28 (Reuters) - Export numbers for Japan's automakers may be going through the roof but signs of weakness in the U.S. economy and a strengthening yen and have become darkening clouds threatening their potential profit growth. Japanese vehicle exports soared 25.6 percent in May from a year earlier to 360,246 units, according to data released on Friday by Japan's Automobile Manufacturers' Association. Automakers such as second-ranked Honda Motor Co scored ...

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