Domestic automobile demand in Japan fell 15.6% Y/Y to 420.1K in March, according to the Japan...

|By:, SA News Editor

Domestic automobile demand in Japan fell 15.6% Y/Y to 420.1K in March, according to the Japan Automobile Dealers Association. The tally extends a streak of monthly declines following the expiration of government subsidies for fuel-efficient cars. Sales losses: Honda -36.3% (HMC); Nissan (NSANY.OB) -18.8%; Toyota (TM) -16.3%.