Incentives And Replacement Car Sales Will Lead Recovery

Following the country's natural disasters earlier in the year, new vehicle sales in Japan showed clear signs of recovery in the latter months of 2011, to end the year down 16%, slightly ahead of BMI's projection for an 18% drop. This better than expected rate of recovery, coupled with additional incentives to boost sales, has prompted BMI to revise our total vehicle sales growth forecast for 2012 upwards to 11%.

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