Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Related News
Japanese auto sales decelerate
Source: Agencies |
June 2, 2009, Tuesday
|
Print Edition
Print Edition
Domestic sales of Japanese vehicles fell for the tenth straight month in May, an industry group said yesterday, but the decline eased from recent months.
New sales of cars, trucks and buses dropped 19.4 percent from a year earlier to 178,503 units, according to the Japan Automobile Dealers' Association.
Sales fell 29 percent in April and 31.5 percent in March.
Among Japan's top three auto makers, Toyota Motor Corp led the decline. The company sold 80,503 vehicles in May, down about 24 percent. Nissan Motor Co's new vehicle sales fell 9.1 percent, while those at Honda Motor Co rose 4.5 percent.
The figures are compiled using the government's new vehicle registrations, and do not include mini-cars or mini-trucks.
Data last week showed that fallout from the recession is expanding to workers and their families amid deteriorating job and wage conditions.
The jobless rate rose to a six-year high of 5 percent in April, while household spending fell 1.3 percent, the government said.
As part of economic stimulus measures, the government has introduced schemes to boost personal consumption, which accounts for more than half of the world's second-biggest economy. It began offering tax exemptions for cars earlier this year to encourage sales.
In a rare bight spot, orders in Japan for Toyota's new Prius hybrid have topped 110,000, a major dealership chain said. The third-generation Prius officially rolled out in Japan just two weeks ago. Dealers are already flooded with orders.
New sales of cars, trucks and buses dropped 19.4 percent from a year earlier to 178,503 units, according to the Japan Automobile Dealers' Association.
Sales fell 29 percent in April and 31.5 percent in March.
Among Japan's top three auto makers, Toyota Motor Corp led the decline. The company sold 80,503 vehicles in May, down about 24 percent. Nissan Motor Co's new vehicle sales fell 9.1 percent, while those at Honda Motor Co rose 4.5 percent.
The figures are compiled using the government's new vehicle registrations, and do not include mini-cars or mini-trucks.
Data last week showed that fallout from the recession is expanding to workers and their families amid deteriorating job and wage conditions.
The jobless rate rose to a six-year high of 5 percent in April, while household spending fell 1.3 percent, the government said.
As part of economic stimulus measures, the government has introduced schemes to boost personal consumption, which accounts for more than half of the world's second-biggest economy. It began offering tax exemptions for cars earlier this year to encourage sales.
In a rare bight spot, orders in Japan for Toyota's new Prius hybrid have topped 110,000, a major dealership chain said. The third-generation Prius officially rolled out in Japan just two weeks ago. Dealers are already flooded with orders.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
