Mexican Media Brands
Auto Output Drives Japan’s Industrial Gain
Japan’s carmakers hiked domestic production nearly 5% in February, helping to deliver a 2% gain for the country’s industry output from January to February, according to preliminary government data.
#economics
Share
Japan’s carmakers hiked domestic production nearly 5% in February, helping to deliver a 2% gain for the country’s industry output from January to February, according to preliminary government data.
A seasonally adjusted index of factory output reached a three-year high of 102.2 last month, the Ministry of Economy, Trade and Industry reports.
The ministry says February’s growth also was driven by sector growth in chemicals and industrial machinery. The agency reiterates its cautious assessment that the industrial sector wil continue to improve.
RELATED CONTENT
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.