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Domestic Auto Sales Down for 20th Consecutive Month | Rising Sun of Nihon
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Domestic Auto Sales Down for 20th Consecutive Month

Submitted by Bill Belew on Thursday, 1 March 2007No Comment

One more quarter of declines in domestic auto sales and Japan will have two years running of downed sales of new cars, trucks and buses.

In February, sales were down 8.7% to 322,446 vehicles. The number is determined by the registration of vehicles with the government.

 

The numbers are also the first consumer spending numbers released each month and sets a tone for the Japanese mindset on spending and to confuse economists.

Cars are not the only quality product that Japan produces and the world wants.

Japan's big three continue to grow on the strength of overseas sales…and will continue to grow for some time to come.

Are you thinking about buying a Japanese car?

 

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  • PanAsianBiz said:

    Nippondit … a short blog to get you thinking about Japan. Domestic Auto Sales Down for 20th Consecutive Month Mar 1, 2007Can Japanese car companies survive on overseas sales alone? Global Warming Nuts Having a Field Day in Tokyo Mar 1, 2007…

  • Auto Parts Resources said:

    The industry is filled with both good and bad news in terms of February auto sales as reported by the various auto makers and auto companies. The Chrysler group was one among the piles of auto makers to experience a decline in sales last month. The p…

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