New car sales increased by 29% in October 16:37 on November 2, exceeding the previous year's results for the first time in 1 year and 1 month
Last month's new car sales were up 29% compared to the same month last year.
Sales of new cars fell sharply for a while due to the impact of the new coronavirus, but recently there has been a tendency for them to pick up, surpassing the previous year's results for the first time in a year and a month.
According to the announcement by the Japan Automobile Dealers Association and others, the number of new cars sold in Japan last month was 406,851, a significant increase of 29.2% compared to the same month last year.
Of these, ordinary cars, compact cars and trucks were 253,304 units, an increase of 31.6%, and light vehicles were 153,547 units, an increase of 25.6%.
It is the first time in a year and a month since September last year that the number of vehicles sold exceeded the previous year.
In October of last year, sales were down due to the consumption tax hike and the effects of typhoons, which was a reaction.
New car sales continued to decline significantly due to the impact of the new coronavirus, but there is also a tendency for it to pick up as economic activity resumes, and industry groups believe that sales of each company were relatively strong last month as well. I will.
A person in charge of an industry group said, "There is a sense of expectation that it will continue to pick up in the future, but if there are more movements to reduce bonuses at companies whose business performance has deteriorated toward the end of the year, consumer sentiment may cool down, so I would like to keep an eye on trends." I will.