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179411
Mon, 05/02/2011 - 19:44
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https://oananews.org//node/179411
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Japan's new vehicle sales mark largest fall in April
TOKYO (Kyodo) - Sales of new vehicles including minivehicles in Japan marked the largest fall of 47.3 percent in April from a year earlier to 185,673 units in the wake of the devastating March 11 earthquake and tsunami in the country's northeastern region, industry bodies said Monday.
The sales volume was also a record monthly low, which was smaller than the previous low of 198,693 units marked in January 1968, when the auto sales data began to be compiled, according to the Japan Automobile Dealers Association and the Japan Mini Vehicles Association.
The rate of decline beat the previous record fall of 40.7 percent in May 1974, when sales were hit by the oil crisis.
The sales fall, which followed a 35.1 percent plunge in March, came as disruptions in supply chains triggered by the disaster forced automakers to significantly curtail output. Continued declines in vehicle sales could significantly hurt the Japanese economy.
''Demand is likely to far surpass supply this year,'' said an official of the Japan Automobile Dealers Association.
Sales of vehicles, excluding minivehicles with engines of up to 660 cc, plunged 51.0 percent to a record low of 108,824 units, falling for the eighth straight month and registering the sharpest percentage fall.
Minivehicle sales dropped 41.1 percent to 76,849 units, also marking the largest percentage fall.
By prefecture, vehicle sales in quake-hit Miyagi Prefecture rose with those of minivehicles gaining 20.5 percent, becoming the only prefecture to see sales growth.
Sales of minivehicles in Iwate Prefecture declined 6.4 percent, while those in Fukushima Prefecture fell 34.0 percent. The quake-hit prefectures also likely saw smaller falls in sales of vehicles excluding minivehicles than those in other prefectures.
''Automakers apparently prioritized selling new cars in the disaster-hit areas,'' an official of the Japan Mini Vehicles Association said.
By brand, sales of vehicles from Toyota Motor Corp., excluding minivehicles, plunged 68.7 percent to 35,557 units due to a plunge in sales of the company's mainstay Prius gasoline-electric hybrid. Sales of vehicles from Nissan Motor Co. dropped 37.2 percent, while those of vehicles made by Honda Motor Co. fell 48.5 percent.
Among minivehicle makers, sales of cars from Daihatsu Motor Co. dropped 44.0 percent, while those of vehicles from Suzuki Motor Corp. declined 45.8 percent.
==Kyodo
2011-05-03 00:28:49
TOKYO, May 2 Kyodo -
Sales of new vehicles including minivehicles in Japan marked the largest fall of 47.3 percent in April from a year earlier to 185,673 units in the wake of the devastating March 11 earthquake and tsunami in the country's northeastern region, industry bodies said Monday.
The sales volume was also a record monthly low, which was smaller than the previous low of 198,693 units marked in January 1968, when the auto sales data began to be compiled, according to the Japan Automobile Dealers Association and the Japan Mini Vehicles Association.
The rate of decline beat the previous record fall of 40.7 percent in May 1974, when sales were hit by the oil crisis.
The sales fall, which followed a 35.1 percent plunge in March, came as disruptions in supply chains triggered by the disaster forced automakers to significantly curtail output. Continued declines in vehicle sales could significantly hurt the Japanese economy.
''Demand is likely to far surpass supply this year,'' said an official of the Japan Automobile Dealers Association.
Sales of vehicles, excluding minivehicles with engines of up to 660 cc, plunged 51.0 percent to a record low of 108,824 units, falling for the eighth straight month and registering the sharpest percentage fall.
Minivehicle sales dropped 41.1 percent to 76,849 units, also marking the largest percentage fall.
By prefecture, vehicle sales in quake-hit Miyagi Prefecture rose with those of minivehicles gaining 20.5 percent, becoming the only prefecture to see sales growth.
Sales of minivehicles in Iwate Prefecture declined 6.4 percent, while those in Fukushima Prefecture fell 34.0 percent. The quake-hit prefectures also likely saw smaller falls in sales of vehicles excluding minivehicles than those in other prefectures.
''Automakers apparently prioritized selling new cars in the disaster-hit areas,'' an official of the Japan Mini Vehicles Association said.
By brand, sales of vehicles from Toyota Motor Corp., excluding minivehicles, plunged 68.7 percent to 35,557 units due to a plunge in sales of the company's mainstay Prius gasoline-electric hybrid. Sales of vehicles from Nissan Motor Co. dropped 37.2 percent, while those of vehicles made by Honda Motor Co. fell 48.5 percent.
Among minivehicle makers, sales of cars from Daihatsu Motor Co. dropped 44.0 percent, while those of vehicles from Suzuki Motor Corp. declined 45.8 percent.
The sales volume was also a record monthly low, which was smaller than the previous low of 198,693 units marked in January 1968, when the auto sales data began to be compiled, according to the Japan Automobile Dealers Association and the Japan Mini Vehicles Association.
The rate of decline beat the previous record fall of 40.7 percent in May 1974, when sales were hit by the oil crisis.
The sales fall, which followed a 35.1 percent plunge in March, came as disruptions in supply chains triggered by the disaster forced automakers to significantly curtail output. Continued declines in vehicle sales could significantly hurt the Japanese economy.
''Demand is likely to far surpass supply this year,'' said an official of the Japan Automobile Dealers Association.
Sales of vehicles, excluding minivehicles with engines of up to 660 cc, plunged 51.0 percent to a record low of 108,824 units, falling for the eighth straight month and registering the sharpest percentage fall.
Minivehicle sales dropped 41.1 percent to 76,849 units, also marking the largest percentage fall.
By prefecture, vehicle sales in quake-hit Miyagi Prefecture rose with those of minivehicles gaining 20.5 percent, becoming the only prefecture to see sales growth.
Sales of minivehicles in Iwate Prefecture declined 6.4 percent, while those in Fukushima Prefecture fell 34.0 percent. The quake-hit prefectures also likely saw smaller falls in sales of vehicles excluding minivehicles than those in other prefectures.
''Automakers apparently prioritized selling new cars in the disaster-hit areas,'' an official of the Japan Mini Vehicles Association said.
By brand, sales of vehicles from Toyota Motor Corp., excluding minivehicles, plunged 68.7 percent to 35,557 units due to a plunge in sales of the company's mainstay Prius gasoline-electric hybrid. Sales of vehicles from Nissan Motor Co. dropped 37.2 percent, while those of vehicles made by Honda Motor Co. fell 48.5 percent.
Among minivehicle makers, sales of cars from Daihatsu Motor Co. dropped 44.0 percent, while those of vehicles from Suzuki Motor Corp. declined 45.8 percent.
==Kyodo
2011-05-03 00:28:49
TOKYO, May 2 Kyodo -
Sales of new vehicles including minivehicles in Japan marked the largest fall of 47.3 percent in April from a year earlier to 185,673 units in the wake of the devastating March 11 earthquake and tsunami in the country's northeastern region, industry bodies said Monday.
The sales volume was also a record monthly low, which was smaller than the previous low of 198,693 units marked in January 1968, when the auto sales data began to be compiled, according to the Japan Automobile Dealers Association and the Japan Mini Vehicles Association.
The rate of decline beat the previous record fall of 40.7 percent in May 1974, when sales were hit by the oil crisis.
The sales fall, which followed a 35.1 percent plunge in March, came as disruptions in supply chains triggered by the disaster forced automakers to significantly curtail output. Continued declines in vehicle sales could significantly hurt the Japanese economy.
''Demand is likely to far surpass supply this year,'' said an official of the Japan Automobile Dealers Association.
Sales of vehicles, excluding minivehicles with engines of up to 660 cc, plunged 51.0 percent to a record low of 108,824 units, falling for the eighth straight month and registering the sharpest percentage fall.
Minivehicle sales dropped 41.1 percent to 76,849 units, also marking the largest percentage fall.
By prefecture, vehicle sales in quake-hit Miyagi Prefecture rose with those of minivehicles gaining 20.5 percent, becoming the only prefecture to see sales growth.
Sales of minivehicles in Iwate Prefecture declined 6.4 percent, while those in Fukushima Prefecture fell 34.0 percent. The quake-hit prefectures also likely saw smaller falls in sales of vehicles excluding minivehicles than those in other prefectures.
''Automakers apparently prioritized selling new cars in the disaster-hit areas,'' an official of the Japan Mini Vehicles Association said.
By brand, sales of vehicles from Toyota Motor Corp., excluding minivehicles, plunged 68.7 percent to 35,557 units due to a plunge in sales of the company's mainstay Prius gasoline-electric hybrid. Sales of vehicles from Nissan Motor Co. dropped 37.2 percent, while those of vehicles made by Honda Motor Co. fell 48.5 percent.
Among minivehicle makers, sales of cars from Daihatsu Motor Co. dropped 44.0 percent, while those of vehicles from Suzuki Motor Corp. declined 45.8 percent.
