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Auto Sales in Japan Drop to a 35-Year Low
Keywords:
Tags: Automobiles, Japan,
Sales of new vehicles are in even steeper decline in Japan than in Germany. Germany saw a boost with reunification with East Germany. Eastern Europe is next door for sales and manufacturing. Sales declined 7.6% in 2007 over 2006 to reach 3.406 million vehicles, the lowest level since 1972. With 9 new models Toyota's sales declined by 6% in 2007. Something is happening in the developed country markets that shows the markets there are declining relative to the new markets in Asia and other emerging markets. How automakers fare in the future and which survive and grow will depend on how they prepare and execute strategies for these markets focussing on new design, efficient manufacturing and new technologies These markets will bring a different set of customers looking for improvements.
Is the U.S. automobile market becoming a maturing market like Japan and Germany?
08/23/2007
Are the fundamentals of the American market shifting and is the American market a maturing market like Japan and Germany. Did the carmakers create a bubble of their own in sales so that 17 million is a way way inflated number, inflated by incentives and sales to rental fleets, way beyond what the American market even with its better demographics can sustain?
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Auto Sales in Japan Drop to a 35-Year Low
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The Japanese car market in 2008-2012
01/08/2008
Decline in auto sales after the expiry of subsidies for fuel efficient automobiles in 2010-2011. Increases in sales in 2012.
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The car market in the U.S. follows the shrinking car market in Japan and Germany.
01/08/2008
The car markets in the largest industrialized countries Japan, Germany, and now the USA are shrinking.The car markets in Japan and Germany reached their highest sales numbers earlier than the USA and now are in steady decline. Is the US going to see a similar decline. With fewer jobs there will be less immigration into the US, and population numbers may stabilize. And people are likely to hold onto old cars longer in this economy, to save the money on car purchases for other essential needs like tution for kids, food, housing and so on. This is likely in the years ahead as unemployment exceeds 10% and stays high.
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Volkswagen, BMW Get Lift From Luxury-Vehicle Sales
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Sharp and precipitious decline in auto sales in Japan and Germany in the global financial crisis of 2008
01/08/2008
Auto sales in Japan go back to the sales level of 1972, and auto sales in Germany decline to the level in 1990. Shows the maturing western markets and how this is affecting automakers strategy, and the shift to focus more on developing countries where the market is growing rapidly but which present challenges like the need to develop lower priced cars.
Linked Articles
German Car Demand Hits New Low as Fuel Costs Rise
Wall Street Journal 01/08/2008
Auto Sales in Japan Drop to a 35-Year Low
Wall Street Journal 01/08/2008
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