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Japan’s auto sales down for 1st time in 10 months in July

  • August 2, 2021
  • , Jiji Press , 6:24 p.m.
  • English Press

Tokyo, Aug. 2 (Jiji Press)–Sales of new automobiles in Japan in July sank 4.8 pct from a year before to 377,448 units, marking their first decline in 10 months, industry data showed Monday.

 

The global semiconductor shortage and a surge in COVID-19 infection cases made it difficult for automakers to procure parts.

 

Sales of minivehicles with engine displacement of up to 660 cc fell 17.0 pct to 130,300 units, their lowest level in 10 years, while those of larger vehicles expanded 3.3 pct to 247,148 units.

 

The drop in minivehicle demand came after sales staged a quicker-than-expected recovery a year before, an official at the Japan Light Motor Vehicle and Motorcycle Association said.

 

In addition, production cuts at Suzuki Motor Corp. <7269> and Daihatsu Motor Co. weighed on minivehicle sales.

 

Sales of both minivehicles and larger vehicles stood at around 80 pct of levels in 2019, before the pandemic.

 

The data were released by the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association.

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