Mexican Media Brands
Forecast: Auto Sales in Japan to Drop 12%
Automakers are expected to sell 4.74 million new cars, commercial vehicles and buses in Japan this year compared to 5.36 million units in 2012, The Nikkei reports, citing an industry forecast.
#economics
Share
Automakers are expected to sell 4.74 million new cars, commercial vehicles and buses in Japan this year compared to 5.36 million units in 2012, The Nikkei reports, citing an industry forecast.
The Japan Automobile Manufacturers Assn. expects volume to fall below the 5 million-unit mark because consumers are waiting longer to replace their vehicles, and government subsidies for fuel-efficient cars have expired.
Sales will slide 13% to 3.98 million units for passenger cars, 5% to 745,400 units for trucks and 5% to 11,400 units for buses, the group forecasts.
RELATED CONTENT
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.