JAPAN [updated, additional data]: Sales stabilise in June after tax hike
New vehicle sales in Japan increased marginally in June, by 0.4% to 452,555 units from 450,825 units in the same month of last year, according to data released by the Japan Automobile Manufacturers Association (JAMA).
New vehicle sales in Japan increased marginally in June, by 0.4% to 452,555 units from 450,825 units in the same month of last year, according to data released by the Japan Automobile Manufacturers Association (JAMA).
The market looks to have stabilised after moderate declines in April and May, following a hike in sales tax from 5% to 8% at the beginning of April.
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