TOKYO — Despite seven years of low production and sales, the Japanese auto industry has yet to bring capacity in line with demand. Based on a survey by Ward's Engine & Vehicle Technology Update, there are still 13 million units of installed capacity, 30% more than necessary, while 50-plus assembly plants remain in operation. These range from mega-facilities like Toyota Motor Corp.'s Takaoka and Suzuki Motor Corp.'s Kosai plants, both of which roll out more than half a million cars ...
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