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Sales of regular automobiles in Japan were down 25.5 percent in August, compared to the same month in the previous year, data provided by the Japan Automobile Dealers Association shows. This sounds worse than it is: In August 2010, sales had jumped 46.7 percent, result of a last gasp of government subsidies which were coming to an end.
216,510 vehicles changed hands this August, down from 290,789 in August 2010, but up from 198,265 in August 2009. These numbers exclude minivehicles, which are accounted for separately.
The National Mini Vehicles Association announced today that sales of minivehicles were 113,328 units in August, down 15.6 percent from a year earlier.
2 Comments on “Japan In August 2011: Down To Normal...”
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TOTAL 216,510 (-25.5)
Cars 188,656 (-29.5)
Trucks 26,635 (+22.5)
Toyota Motor 102,353 (-22.7)
– Toyota brand 98,376 (-24.4)
– Lexus* 3,977 (+67.2)
Nissan Motor 33,776 (-24.7)
Honda Motor 25,549 (-49.1)
Mazda Motor 12,087 (-44.1)
Mitsubishi Motors 4,092 (-38.4)
Suzuki Motor 5,328 (+19.9)
Fuji Heavy 5,387 (-13.2)
Imports 19,987 (+ 1.4)
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Toyota has finally stemmed the bleeding and is down in line with the market. Honda is hurting pretty bad though. Nissan which has been on a roll in the last few months grabbing market share, has levelled off. There is likely to be a huge pent up demand in the early months of 2012. Will we interesting to see who will be able to capitalize?
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