Incentives Lift Vehicle Sales For Fourth Straight Month

Government incentives to encourage sales of new more fuel-efficient vehicles in Japan contributed to a fourth straight month of growth in December 2009. Total vehicle sales, including mini-vehicles under 660cc, rose 21.6% year-on-year (y-o-y) for the month to 372,608 units. This follows growth of 18.3% in November, 4.4% in October and 0.2% in September. Total sales finished the year down 9.3% at 4.609mn units, just exceeding BMI's forecast for

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