Japanese Car Sales rose 24.1 percent in September from a year ago, the first year-on-year increase in 15 months, industry body data showed on Monday, as Shanghai’s COVID-19 lockdown caused parts shortages. After production was eased.
However, sales levels remained at around 70 percent in 2019, suggesting it may take some more time to return to pre-pandemic levels, with Toyota Motor Corp and Honda Motor Co planning to cut production in October .
According to data released by the Japan Automobile Dealers Association, Japanese car sales of new cars, excluding minivehicles, rose 17.8 percent to 242,042 units for the month, the first year-on-year increase in 13 months.
All major nine brands posted growth in the reporting month compared to a year ago, as Toyota sales jumped 26.3 per cent to 113,328 units, while Mazda Motor Corp posted 60.5 per cent growth at 13,202 units, the data showed. runs.
According to data compiled by the Japan Light Motor Vehicle and Motorcycle Association, new minivehicle sales in the country rose 35.6 percent to 153,121 cars, the first increase in two months.
Industry giant Daihatsu Motor Co. and Suzuki Motor Corp. saw a growth of 54.0 percent and 41.7 percent, respectively, as per the data.
“The negative impact from chip shortage and supply bottlenecks continue, so it is difficult to see when these factors stop influencing new car sales,” an association official said.
For the six months ended September, the country’s new car sales, including minivans, fell 6.2 percent to 1.92 million units from the same period a year ago.
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