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Japan’s Domestic New Auto Sales Down 11.2 Percent in June for 24th Straight Month Down

July 2, 2007
By Ken Worsley


Japan’s domestic automobile sales fell 11.2% against a year earlier in June, according to data released by the Japan Automobile Dealers Association. In June, 291,640 new cars, trucks and buses were sold in Japan.

Toyota’s sales were down 12.9% on the year, Honda’s sales declined 5.7% and Nissan fell 6.3%. Toyota’s Lexus brand was a winner, however, moving 2,957 new autos for a 57.6% increase against June 2006.

JADA holds that consumers are electing to buy flat-screen TVs and other consumer electronics goods rather than new autos at this time. Rising expenditures on cellular phones has also been cited as a reason for the decline in car sales.

Overall, new car sales in the first half of 2007 were at their lowest level since 1975. The major automakers plan to counter this downtrend by releasing new models over the coming months.

The breakdown for monthly sales stats:

  • Cars: Down 9.5% year-on-year to 247,229
  • Trucks: Down 20.2% year-on-year to 43,170
  • Buses: Down 1.4% year-on-year to 1,241

The Japan Mini Vehicles Association also announced today that in June, sales fell 6.1 percent from a year earlier to 170,526 units. This was the third consecutive monthly drop in sales. For the first half of 2007, sales of minicars fell 1.7 percent to 1.05 million units. On a side note, starting this month, the Japan Mini Vehicles Association is publishing its data in English.

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Comments

2 Responses to “Japan’s Domestic New Auto Sales Down 11.2 Percent in June for 24th Straight Month Down”

  1. WG on July 3rd, 2007 3:04 am

    How much can people be spending on cell phones? They don’t even have the iPhone yet.

  2. John S on July 4th, 2007 4:22 am

    I get whacked for over 20,000 yen a month, which is nearly my parking fee. If you’re at average income, that can hurt.

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