In the Land of the Rising Sun, car sales rose sharply year-on-year in May, and the sector is back in full force after having been paralyzed at the start of the health crisis.
The long-heralded recovery is indeed making itself felt in Japan‘s car sales. For the month of May, the sale of new vehicles climbed by 30.9% in the country, whereas the figures were at their lowest a year ago due to the sudden stop of the sector’s activity during the first months of the health crisis.
While April saw a significant 22.2% year-on-year increase in Japanese car sales, the increase was even more significant in May, although it was down 8% month-on-month. However, this decrease can be explained by the rather volatile data from month to month.
According to data reported by the Japanese auto dealers association Jada, 193,750 new vehicles (cars, trucks, and buses combined) were sold in Japan in May 2021 guardi qui. However, the global shortage of semiconductors is also affecting the Japanese market and has already been going on for several months.
Japan’s largest automaker, the Toyota Group (which also owns Lexus), grew 29.8% year-on-year in April in domestic sales. Over the same period, domestic sales of the Japanese car manufacturer Nissan jumped by 36.5%, while Honda was slightly down by 5%.
“Kei cars” sales, a small Japanese car very popular in the land of cherry trees and whose engine does not exceed 660 ccs, have also climbed, by 78.6% over one year. Still, according to the data reported by the Japanese car dealers association Jada, 125,568 kei cars were sold last month.
Finally, according to AFP figures, sales of Japanese car brands rose by 46.3% in March, i.e. 319,318 units in all vehicle categories.
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