Subaru loses U.S. drive as Japan’s automakers skid in September

Cons. Discr. - Autos 954 Coronavirus 430 Japan 518 U.S. 4633

Japan’s big seven automakers are still facing tough conditions after COVID-19 took a toll on factory operations and on global demand. Total production by the seven firms fell by 11.5% in August while exports from Japan dropped by 20.9% due to a slump in shipments by Nissan and Mitsubishi of 55.9% and 77.6% respectively. The firms are also having to navigate shifting demand patterns by region. Subaru’s exports from Japan surged by 34.0% in August while U.S. seaborne imports linked to the firm fell by 3.0% year over year in September. Other firms are doing better with U.S. imports linked t...

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