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Japan car exports plunge 40% as parts shortage bites

September marks first year-on-year drop in seven months

The COVID-19 pandemic, global chip crunch have hit Japan's auto shipments.   © AP

TOKYO (Kyodo) -- Japan's car exports in September fell 40.3 percent from a year earlier, as supply chain disruptions in Southeast Asia due to the coronavirus pandemic and a global semiconductor crunch forced domestic automakers to cut output, government data showed Wednesday.

Auto shipments marked the first year-on-year drop in seven months and the sharpest decrease since a 49.9 percent dive logged in June last year amid the initial shock of the pandemic, according to a preliminary report by the Finance Ministry, in a development that could put a damper on the nation's economic recovery.

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