Mexican Media Brands
Car Ownership in Japan Hits 18-Year Low
Car ownership in Japan dipped to an 18-year low of 1.06 vehicles per household this spring, according to the country’s Automobile Inspection and Registration Information Assn. (AIRIA).
Share
Car ownership in Japan dipped to an 18-year low of 1.06 vehicles per household this spring, according to the country’s Automobile Inspection and Registration Information Assn. (AIRIA).
Japan’s car ownership peaked in 2006 at 1.12 per household, AIRIA says. The group attributes the recent decline to a combination of efficient public-transit systems in large cities, less interest in vehicles by millennials and emerging ride-hailing services.
This year Tokyo had the lowest ownership rate (0.45 vehicles) of Japan’s 47 prefectures. In addition to a good rail network, Tokyo also has a larger population of millennials than other cities and rural areas. Regulations requiring potential buyers to have a place to park before purchasing also has curbed ownership in congested cities.
A previous study showed that the percentage of young men (aged 20 to 24) in Japan with a driver’s license fell about eight percentage points from 2001 to just under 80% in 2015. The level of young women with a driver’s license dipped from about 77% to 72% during the period.
RELATED CONTENT
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
Jeeps Modified for Moab
On Easter morning in Moab, Utah, when the population of that exceedingly-hard-to-get-to town in one of the most beautiful settings on Earth has more than doubled, some people won’t be hunting for Easter eggs, but will be trying to get a good look at one of the vehicles six that Jeep has prepared for real-life, fast-feedback from the assembled at the annual Easter Jeep Safari.
