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Japanese marques boost exports

Global production levels for carmakers climb year-on-year but sales are still in decline.

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Toyota, Mazda and Subaru recorded twice as many vehicle exports from Japan in September when compared with the same month a year ago, according to new industry data.

Shipments out of Japan by Honda, Nissan and Mitsubishi Motors increased by nearly 50 per cent over the same period.

The boost in trade for the marques came as the negative impact from a global parts shortage eased and the yen fell to a 24-year low against the US dollar.
Toyota says it exported 168,200 units in September, about 2.1 times more than a year earlier, as production levels recover.

The company’s global output hit a record 887,733 vehicles in the same month, a year-on-year increase of 73.2 per cent, reports the Japan Times.

Mazda’s exports doubled to 52,341 cars, largely driven by rising production of its CX-5 SUV, and Subaru’s exports soared 2.2 times to 40,271 units.

Global output at Japan’s eight major carmakers for the six months ended September rose 8.2 per cent to 11.76 million units.

Combined domestic production for the marques was up 3.3 per cent to 3.49 million vehicles for the period, while global sales fell 2.1 per cent to 11.99 million units.

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