Registrations of new cars in Japan dropped a further 11.2 percent in March year-on-year, after sinking 14.7 percent in the month before. This according to consolidated data by Japan’s major industry associations (full table here.) A month ago, we said that the JDM will “drop some more,” and it was an easy call. [Continue Reading]
New car registrations in Japan continued their statistical return to earth in February, as total registrations across all segments dropped 14.7 percent (full table here.) We predicted this a month ago, and it didn’t take exceptional clairvoyance to do so. The month compares with a February 2014 when Japanese customers rushed to car dealers in order to beat Abe’s sales tax rise in April. We will see a similar drop again in March, and a little more of that in April, due to registrations of made-to-order cars bought before the March 31 deadline. [Continue Reading]
I have posted the December and full year 2014 statistics on foreign car imports to Japan, and while doing so, I could not help but observe:
Whenever America gets a new President, someone briefs him on what buttons to push, just in case total thermonuclear war needs to be started. When Ford gets a new leader, he is instructed to accuse Japan of heinous crimes, whenever the opportunity arises, and there’s always a good time to do so. Alan Mulally, when he was the man in charge at Ford, called Japan “the most closed market in the world.” After Mark Fields took over at Ford, he immediately went to Washington, and “urged lawmakers to take a tough line with Japan.” The day-to-day business of demonizing Japan is farmed-out to the American Automotive Policy Council, the lobbying arm of Detroit’s Big Three. It calls Japan’s automobile market “the most protected and closed auto market in the industrial world.” The Japanese car market begs to differ.
The Japanese new car market closed the year on an up note. The year 2014 ended up 3.5 percent to 5,562,887 units registered in Japan January through December. December sales across all segments were up 2.1 percent. This according to consolidated data reported by Japanese industry associations.
Executive summary: The big JDM implosion did not happen. [Continue Reading]
The Japanese Domestic Market appears to be more resilient than predicted. All registrations were down only a slight 0.8 percent in September. For the first nine months of the year, registrations are still up 6 percent, data released by Japanese industry associations show. [Continue Reading]
The world’s third-largest single country new car market Japan is developing a delayed headache. This after having been in party-mode in the first part of the year. Vehicle registrations across all segments were down 9.1 percent in August, according to consolidated JADA/Japan Mini Vehicles Association data. [Continue Reading]