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Japan new auto sales down 14.4 pct in Nov.

  • December 1, 2021
  • , Jiji Press , 6:04 p.m.
  • English Press

Tokyo, Dec. 1 (Jiji Press)–New automobile sales in Japan in November fell 14.4 pct from a year before to 352,455 units as supply chain bottlenecks reduced production, industry data showed Wednesday.

 

Sales of new minivehicles and larger vehicles marked the fifth consecutive month of decline as automakers idled factories and adjusted production due to a global semiconductor shortage and difficulty in procuring auto parts amid the COVID-19 pandemic in Southeast Asia.

 

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

 

“The situation is unpredictable although it is improving” compared with September and October, when sales dived by over 30 pct, an official from the light motor vehicle association said.

 

Industry leader Toyota Motor Corp.’s <7203> sales dropped 18.5 pct to 116,334 units.

 

An official from the dealers’ association suggested that the industry’s path forward is unclear due to the spread of the omicron coronavirus variant, although production is seen increasing.

 

Sales of new minivehicles, with engine displacements of up to 660 cc, dropped 16.0 pct to 133,179 units, while sales of larger vehicles fell 13.4 pct to 219,276 units.

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