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April 11, 2017

Japanese sales rise 9% in March

Japan's new vehicle market continued to expand strongly in March, by 8.7% to 691,375 units from weak year earlier sales of 635,901 units, according to registration data released by the Japan Automobile Manufacturers Association.

Japan's new vehicle market continued to expand strongly in March, by 8.7% to 691,375 units from weak year earlier sales of 635,901 units, according to registration data released by the Japan Automobile Manufacturers Association.

First quarter sales expanded by 7.3% to 1,577,750 units from 1,470,104 units in the same period of last year, driven by a strong rebound in passenger vehicle sales. Passenger car sales increased by 7.8% to 1,340,512 units in this period on continued strong demand for compact and sub-compact models in particular.

Truck sales increased by 4.8% to 232,070 units in this period, while bus sales were just 3.1% higher at 5,168 units after exceptionally strong growth last year. 

Toyota reported a 14.5% sales rise to 461,920 units over the three month period, with Honda following in second place – albeit with just a 1.7% rise to 219,047 units. Nissan's sales amounted to 213,026 units (+12.2%); Suzuki 198,299 units (+8.8%); Daihatsu 175,818 units (-2.3%); and Mazda 70,237 units (1.9%).

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