Sales of imported autos plunge 37.7% in Japan
www.chinaview.cn 2008-12-04 11:05:17   Print

Special Report: Global Financial Crisis

    TOKYO, Dec. 4 (Xinhua) -- Japan's sales of imported vehicles plummeted by 37.7 percent year-on-year to 13,543 units in November as consumer spending was pinched amid the global financial upheavals, said the Japan Automobile Importers Association on Thursday.

    It was the seventh month in a row that the sales, including those of Japanese auto brands built abroad, had suffered downslide, said the trade body.

    Sales of foreign-brand cars tumbled 36.7 percent to 11,844 units while those of Japanese-brand vehicles built overseas were down at a faster pace of 44.1 percent to 1,699 units.

    The worsening employment situation in Japan was believed to be another key factor behind the sales decline as it hurt consumers' sentiment.

Editor: Yao
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