Japanese 2007 Auto Sales Slump To Lowest Level Since 1972
HONG KONG — Japanese automotive sales fell last year to their lowest level in 35 years, as a declining population and shifting cultural values among younger consumers weighed on vehicle demand, according to reports Tuesday.
Vehicle sales fell 7.6% to 3.434 million units, its fourth consecutive annual decline and the lowest level since 1972 when 3.406 million vehicles were sold, according to wire reports which cited data released by the Japan Automobile Dealers Association.
Read full story.
No Comments
No comments yet.
Comments RSS TrackBack Identifier URI
Leave a comment