Japanese car market down 10% in March

Japanese car market down 10% in March

April 23, 2020 0 By autotimesnews

Coronavirus has a strong influence on the global auto industry, which is just beginning to recover from a sharp decline in sales.

According to the Japan Association of Car Dealers, last month only 321,865 new cars were sold on the local market, which is 9.9% less than in March 2019. At the same time, quarterly sales dipped by 10.5% compared to the first three months of last year – up to 747,841 units.

In this case, the best-selling brand is a local Toyota, whose sales amounted to 152 623 cars (-1%). In second place is the Honda brand with an indicator of 39,434 cars (-17.2%). Nissan still closes the top three, having sold 27,238 cars (-36.5%).