Car Sales Inflated By Incentives

Japan's new vehicle sales, including mini vehicles, rose by 24% year-on-year (y-o-y) in March to 674,494 units, which took total sales for the financial year ending March 31 to 3.182mn, up 10% y-o-y. However, there is little cause for excitement in the industry, as this marks the fifth-lowest sales on record and compares with a particularly low base from the year before when the economic downturn was at its worst.

To read the full article, please choose one of the following options: