Japannese car/truck sales in Japan Fall

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Tue 8 Jan 2008 14:52
Japannese car/truck sales in Japan Fall - Falkirk Bairn
In contrast to increasing sales in most countries the BBC reports fall sales in Japan.

Automobile sales in Japan fell last year to a 35-year low as a shrinking population and limited wage growth hurt demand, an industry group said.

Figures from the Japan Automobile Dealers Association showed sales of cars, trucks and buses down 7.6% from the previous year at 3.4 million.

Daihatsu was the worst off with sales slumping almost 50%, followed by Nissan whose sales fell 9.7%.

Overall Toyota sales fell 6% though sales of its Lexus marque rose.

The figures exclude 660cc minivehicles.



Is this an omen for UK sales?
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Tue 8 Jan 2008 15:24
Japannese car/truck sales in Japan Fall - Pugugly {P}
Probably. US going into recession, we'll start sneezing soon. Credit squeeze looming, Government proposing tri-annual wage settlement in the Public Sector.....

Edited by Pugugly {P} on 08/01/2008 at 15:25

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Tue 8 Jan 2008 15:34
Japannese car/truck sales in Japan Fall - boxsterboy
No it won't happen for the reasons it has happened in Japan. We haven't got a shrinking population. Far from it!

Last year we had rising car and van sales, both at an all time high, nowhere near a 35-year low!
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