Slowly, the sun sets over the Japanese car market

JapanRoadDecember-Picture courtesy Bertel Schmitt

The Japanese new car market, on a single-country basis still the world’s third-largest after China and the U.S., is trying hard to lose that rank. Japan ended 2015 with total passenger vehicle sales down 9.3%, consolidated data by Japanese industry organizations show. December was down even harder with a decrease of 14.5% compared to December 2014.

Most of the contraction was caused by… More in Forbes.