Japan’s big seven automakers are experiencing declining exports with a 6.7% drop in shipments in November following a 3.3% decline in the prior three months. Waning exports by Toyota and Nissan, which fell 19.7% and 16.1% respectively in November, are to blame including weak shipments to North America. An 8.5% decline in U.S. imports of autos and light trucks from Japan in November confirms that trend, while a potential rebound in December may be linked to concerns about the forthcoming section 232 review of the industry by the Trump administration. Nonetheless weak sales of foreign auto...
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