Daihatsu’s Move minicar was Japan’s top selling new car for the third consecutive month, according to just released industry data.
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According to the Japan Mini Vehicles Association, the Move sold 17,334 units last month, up 6.8% from a year earlier.
Demand continues to rise for the Move thanks to the highly successful debut of the Move Conte in August.
Minicars or kei-class cars are selling well in Japan as the economy continues to show signs of weakening and consumers trade down to smaller cars with lower running costs.
Toyota subsidiary Daihatsu recently announced its group net profit for the April-September period surged 35.6% to 17.14 billion yen.
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By GlobalDataThe small car specialist said its operating profit for the first half of the current business year also rose 11.3% to 27.91 billion yen on sales of 880.84 billion yen, up 7.6%.
