Japan’s new car sales rose 7% in July

According to foreign media reports, registration data released by the Japan Automobile Manufacturers Association shows that in July 2024, new car sales in Japan reached 405,174 units, a year-on-year increase of 7%, the first time since the end of last year.

Year-on-year growth.

At the end of last year, Toyota Motor’s subsidiary Daihatsu was investigated and found to have falsified safety test results over the past few decades.

The company was subsequently ordered to suspend all production, which also affected sales of other brands such as Toyota, Mazda and Subaru.

In early May, Daihatsu was allowed to fully resume production, and the company began to complete its backlog of orders.

The latest data shows that after falling 0.

4% in the fourth quarter of 2023, Japan’s economy continued to shrink in the first quarter of 2024, down 2.

9% year-on-year, reflecting weak domestic consumption and exports in Japan.

The January earthquake on the Noto Peninsula and Daihatsu’s shutdown also disrupted Japan’s economic activity.

, Photo source: Toyota, from January to July 2024, the cumulative sales of new cars in Japan were 2,532,664 units, a year-on-year decrease of 10%.

Among them, Japanese passenger car sales fell slightly less than 10% to 2,138,780 units, and truck sales fell more than 15% to 387,748 units.

During this period, sales of medium, large and long-distance buses in Japan increased by 36% year-on-year to 6,136 vehicles.

, At the same time, Toyota’s cumulative sales in Japan fell 20% to 768,720 units.

Daihatsu’s sales fell 53% to 162,780 units.

and Mazda’s sales fell 30% to 80,099 units.

In contrast, Suzuki’s sales in Japan increased 13% to 434,488 units.

Honda’s sales in Japan were 401,565 units, a year-on-year increase of 22%.

and Nissan’s sales fell only 1% to 288,630 units.

, Honda, which started selling its Indian-made WR-V compact SUV in Japan earlier this year, recently said it plans to launch a commercial mini-electric version of the N-VAN in October, mainly targeting the local package delivery market.

, Return to the first electric network home page>,.

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