Japan carmakers' June overseas output zooms ahead

Newswire

By Chang-Ran Kim TOKYO, July 23 (Reuters) - Domestic production at Japan's five big automakers was mixed in June but overseas output mostly rose as the export-dependent industry tried to minimise its vulnerability to foreign exchange fluctuations. The sole exception was the smallest of the five, Mazda Motor Corp , which produced fewer cars abroad than last June, reflecting its dearth of new models while it concentrates on cleaning up its balance sheet, company data showed on Tuesday. ...

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