Japan car sales jump as industry recovers from tsunami
http://www.bbc.co.uk/news/business-20932004 Version 0 of 1. Car sales in Japan jumped by more than a quarter last year as the industry recovered from 2011's devastating earthquake and tsunami, figures show. Sales of cars, trucks and buses rose by 26.1% to 3,390,274 in 2012, despite a fall in December, the Japan Automobile Dealers Association said. State subsidies also helped to boost sales of environmentally-friendly cars. Separately, three of Japan's biggest carmakers reported a fall in sales in China last year. Political tensions As a result of the tsunami in March 2011, a number of major carmakers were forced to suspend production. However, they bounced back strongly last year, with domestic car sales up 26.3% to 3,014,651, and truck sales up 24.4%. The small dip in sales in December was largely down to the end of government subsidies for eco-friendly cars, the association said. Japan's carmakers fared less well in China in 2012. Toyota said sales fell by almost 5% to 840,500, while Nissan saw a 5.3% drop to 1,181,500. Honda's sales slipped 3.1% to 598,576. The carmakers said political tensions over a territorial dispute between Tokyo and Beijing had led to some consumers boycotting their products. Nissan said: "The Sino-Japanese territorial disputes that began in September have seriously affected Nissan's sales and marketing activities in China." |