Market Overview

Japan Automobile Sales Surge In December


Monthly automobile sales in Japan surged by more than 20% in December, the Japan Automobile Dealers Association said.

Automobile sales in Japan, excluding 660cc minivehicles, jumped 23.5% to 221,960 vehicles.

Sales at Toyota Motor Corp (NYSE: TM), excluding the Lexus brand, gained 22.0%. However, sales at Nissan Motor Co (OTC: NSANY) jumped 37.2%. Honda Motor Co (NYSE: HMC) reported a 6.3% rise in sales.

Sales in the 2011 calendar year dipped 16.7% to 2,689,074 vehicles.

Posted-In: Japan Automobile SalesNews


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