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Japan: Combined vehicle market contracts 23.3% in July

In July, the Japanese automotive industry reported sales of 373,058 passenger cars, trucks and buses, 23.3% fewer units than were sold in the country a year earlier. Last month's figures were, however, an improvement on the 351,828 vehicles sold in June 2011. According to the Japan Automobile Manufacturers Association (JAMA), a It’s time to log … Continued

In July, the Japanese automotive industry reported sales of 373,058 passenger cars, trucks and buses, 23.3% fewer units than were sold in the country a year earlier. Last month's figures were, however, an improvement on the 351,828 vehicles sold in June 2011.

According to the Japan Automobile Manufacturers Association (JAMA), a

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