New vehicle sales in Japan fell by 14.5% to 369,460 units in December, from 431,919 units a year earlier, according to registration data released by the Japan Automobile Manufacturers Association (JAMA).
The vehicle market last month was driven lower mainly by a sharp decline in mini-vehicle sales, of close to 35% to 130,376 units from 199,960 units in December 2014.
Go deeper with GlobalData
Overall vehicle sales fell by 9.3% to 5,046,511 units last year, with passenger vehicle sales declining by 10.3% to 4,215,889 units and truck sales falling by 4.0% to 817,235 units. The medium and large bus and coach segment was higher last year, however, by 11.7% at 13,387 units.
Sales of mini-vehicles declined by 16.6% to 1,896,201 units from 2,272,790 units previously.
Toyota sales fell by 4% to 1,449,067 units last year, while second-placed Honda saw its sales fall by 14.4% to 726,928 units; Suzuki 636,360 units (-19.2%); Daihatsu 610,396 units (-13.8%); Nissan 589,099 units (-12.1%); and Mazda 245,437 units (+9.4%).
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
