Japans battered auto industry sees production fall for 8th straight month

The Associated Press ~ staff The News
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TOKYO - Japan's auto production fell for the eighth straight month in May, plummeting 41.4 per cent from a year earlier, as the nation's top industry continued to be hammered by the global slowdown.
Japan produced 542,282 vehicles in May, the Japan Automobile Manufacturers Association said Monday in a monthly report.
The industry group also said exports from Japan declined for the eighth straight month, plunging 55.9 per cent from a year earlier to 233,217 vehicles.
Japan has been battling a global slump for months.
In a separate report, which showed some signs that Japanese manufacturers may be gradually recovering, Japan's industrial output rose for the third straight month in May.
Industrial production in the world's second-biggest economy rose 5.9 per cent from the previous month, matching a rise in April that marked the biggest jump since March 1953.

Organizations: Japan Automobile Manufacturers Association

Geographic location: Japan, TOKYO

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