Japan In July 2012: Sales Jump 36 Percent In Last Banzai

Japanese new car sales jumped in July while the business is getting ready to enter negative territory during the rest of the year. Sales of regular new cars, trucks and buses rose 36.1 percent to 328,543 units, the Japan Automobile Dealers Association. Separately reported sales of mini vehicles jumped 40.3 percent to 184,582 in July, the Japan Mini Vehicles Association reports. The double digit gains are expected to be over in the coming months. For one thing, we will be comparing with 2011 months where sales hat recovered from the March 11 catastrophe. On top of that, a government subsidy program is expected to end this month. This caused a last minute run on cars, and will translate into empty showrooms in the months to come. Regular vehicle sales Japan July '12 Manufacturer July '12 July '11 YoY YTD '12 YTD '11 YoY Daihatsu 272 316 -13.9% 1,851 1,568 18.0% Hino 2,929 2,650 10.5% 24,205 16,355 48.0% Honda 45,627 33,711 35.3% 314,899 209,484 50.3% Isuzu 4,764 3,559 33.9% 34,998 20,988 66.8% Lexus 4,481 4,528 -1.0% 27,344 22,273 22.8% Mazda 16,890 18,035 -6.3% 108,321 83,404 29.9% Mitsubishi 3,856 4,740 -18.6% 34,344 32,321 6.3% Mitsubishi Fuso 2,835 2,133 32.9% 21,099 12,640 66.9% Nissan 44,885 41,810 7.4% 323,296 251,507 28.5% Subaru 10,191 6,179 64.9% 58,072 41,872 38.7% Suzuki 8,269 7,131 16.0% 58,814 46,205 27.3% Toyota 165,666 101,790 62.8% 1,037,149 584,144 77.6% UD Trucks 600 700 -14.3% 5,445 3,860 41.1% Other 17,278 14,190 21.8% 135,640 110,030 23.3% Total 328,543 241,472 36.1% 2,185,477 1,436,651 52.1% This table shows sales of registered vehicles only. We will show mini vehicles and consolidated data when the kei car association delivers. Strongly resurgent Toyota sold 165,666 registered units, up 62.8 percent. In July,  Toyota held more than 50 percent of the registered vehicle market. Honda's comes second with sales up 35.3 percent  to 45,627 vehicles, close behind is Nissan,  up 7.4 percent to 44,885 units.   from The Truth About Cars http://www.thetruthaboutcars.com

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