Japanese Automotive Sales Down 5 Months streak

For the fifth month in a row, sales of Japanese automotive products in the domestic market declined. Auto sales for the month of November 2014 amounted to 239.207 vehicles, down 13.5% compared to October.

Meanwhile, if compared with November 2013, sales of automotive products (including mini cars with a capacity of 660 cc) fell 9%. Overall, total sales of 416.139 vehicles in November. The fact was revealed a while ago by the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association.

The automotive sector is constrained by the applicable sales tax increase in April. Largest producer sales figures, Toyota Motor Corp., down 8.5% compared to the same period last year in the number 118.939 units. While sales of Honda Motor Co. decreased 30.4% to 51.475 units and Nissan Motor Co. down 14.0% to 46.076 units. These figures do not include the mini car products. Japan's auto industry still fail to host in their own country. Low interest expenditure citizens make the sales figures of four or more wheeled vehicles declined at the end of 2014.

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