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

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

RNG Tech IPO oversubscribed 7.8 times ahead of ACE Market listing
MSPO certification shields palm oil industry, guarantees�future of smallholders
Jentayu Sustainables to sell hospital unit for RM1.75mil
Aircraft MRO firm GTA Holdings secures Bursa nod for ACE Market IPO
United Malacca FY26 profit jumps 50%, sees stable FFB output in FY27
BNM launches 'semak kasih'�portal for beneficiaries to check unclaimed insurance, takaful benefits
AYS Ventures to dispose 74% stake in Steelaris for S$6.3mil
MACC revokes seizure orders over bank accounts of Rohas Tecnic unit, its officers
Ringgit rises further versus US dollar, major and regional currencies
Econpile wins RM48.8mil specialist works contract for 74-storey KL project

Others Also Read