Japan Auto Production Increases Overseas

TOKYO (July 31) - Japanese automakers produced more vehicles overseas than they did at home during a fiscal year for the first time in the year that ended March 31, an industry group said Monday.

Japanese automakers produced 10.93 million vehicles abroad in fiscal year 2005, while they made 10.89 million vehicles in Japan, the Japan Automobile Manufacturers Association said.

The report from the association underlines the success Japanese automakers have scored as powerful global companies making and selling products around the world. The trend for the automakers to move production abroad has been continuing for decades.

The overseas production data by Japanese automakers, including Toyota Motor Corp., Nissan Motor Co., Honda Motor Co. and other manufacturers, was up 10.6 percent from 9.88 million vehicles in fiscal 2004. The association had announced data for Japan production earlier.

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