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ECONOMY

4 Japan automakers enjoy higher quarterly profits

  • August 6, 2018
  • , Jiji Press , 7:01 p.m.
  • English Press

Tokyo, Aug. 6 (Jiji Press)–Four of seven major Japanese automakers logged year-on-year growth in their group net profits for April-June, thanks chiefly to strong vehicle sales.

 

The industry is bracing for uncertainty ahead, concerned about possible tariffs on imports of vehicles and auto parts being considered by the administration of U.S. President Donald Trump.

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