Japan Auto Market is fast growing fueled by strong demand, record low unemployment levels and boosted consumer confidence. After four months the 2017 picture is projecting one of the best-selling year in the history.
Japan domestic vehicles market in first half 2016 fell 4.8% while the leader Toyota improved 2.2%. In June Mitsubishi crashed over 50% hit by the start of restructuring process after the Nissan Take over.
Japan Vehicles Market in April 2016 stopped the 15 months long decline albeit with a really little growth. However it was a positive sign in a falling economy. Toyota pushed up 34% of share by new Prius.
Japan Vehicles Market in March 2016 down 8%. the Japanese economy is far from achieving stable growth as private consumption remains weak and subdued global demand is weighing on imports. Lexus shines.
Japan Domestic Car Market in February 2016 has lost for the 6th month in a row. The Abenomics is not working and the country is running towards new elections. Hybrids engines fast on Prius, slow on Aqua.
Japan Auto sales started 2016 weak in line with last period trend. However Lexus shines with a great increase and Toyota was positive thanks to the new Prius, running on top of model ranking at a double speed.
Indonesia Vehicles Market in 2015 dropped in double-digit hit by economic crisis. Ford announced to quite the market by the end of the 2016 for profit reasons. Toyota, market leader, goes ahead fast (and happy).
Japan car market 2015 dropped down 8% hit by economy and taxes on key cars. However, the market leader Toyota managed to lose only 4%, the best among top 5 players while Mazda grew 9% supported by renewed line up.
Japan new vehicle sales fell 6% in November while economy entered in recession in Q3 2015. Despite the long series of negative months future expectations are negative. Toyota is consolidating the leadership.
Japan cars market broke the negative series with a shy +0.3% in August. Toyota sales revitalized by the launch of last generation of Sienta, landed in 5th place. All Big 5 Japanese carmakers are losing sales this year.