Japan auto sales down 10%

TOKYO: Japanese auto sales fell 10.3% in February from the same period a year ago, industry data showed, amid growing concerns about production stoppages and the difficulty of procuring parts from China due to the new coronavirus outbreak.

The data is likely the latest indicator to show the widening impact of the new virus on the world’s third-largest economy. Sales totalled 430,185 vehicles last month, data from the Japan Automobile Dealers Association and an association representing dealers of so-called “kei” mini cars.

That compared to sales of 479,427 vehicles in the same period a year earlier.

Most cars sold in Japan are produced domestically. — Reuters

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