Advertisement

JAPAN

Share
<i> Times Staff and Wire Reports</i>

Vehicle Exports to Continue to Fall, Analysts Say: The fall will happen regardless of the value of the Japanese yen, and that could have a major impact on Japan’s trade surplus, industry analysts said Friday. To cut costs and avoid trade wrangles, the big firms that build Japan’s cars, trucks, buses and motorcycles have embarked on a partial move to foreign plants. Analysts said the return of a weaker yen is unlikely to change that course. They said the recent retreat to about 100 Japanese yen to the dollar from close to 80 yen earlier this year would not reverse the export fall, although it could well slow the pace of decline.

Advertisement