AIRLINK 208.50 Decreased By ▼ -2.47 (-1.17%)
BOP 10.34 Decreased By ▼ -0.33 (-3.09%)
CNERGY 6.96 Decreased By ▼ -0.45 (-6.07%)
FCCL 34.25 Increased By ▲ 0.68 (2.03%)
FFL 17.84 Decreased By ▼ -0.57 (-3.1%)
FLYNG 23.77 Increased By ▲ 0.15 (0.64%)
HUBC 132.82 Increased By ▲ 1.43 (1.09%)
HUMNL 14.02 Decreased By ▼ -0.08 (-0.57%)
KEL 4.95 Decreased By ▼ -0.03 (-0.6%)
KOSM 6.99 Decreased By ▼ -0.17 (-2.37%)
MLCF 44.90 Increased By ▲ 1.14 (2.61%)
OGDC 212.78 Decreased By ▼ -0.78 (-0.37%)
PACE 7.20 Decreased By ▼ -0.25 (-3.36%)
PAEL 40.22 Decreased By ▼ -1.31 (-3.15%)
PIAHCLA 17.47 No Change ▼ 0.00 (0%)
PIBTL 8.50 Decreased By ▼ -0.10 (-1.16%)
POWERPS 12.50 Decreased By ▼ -0.01 (-0.08%)
PPL 185.57 Decreased By ▼ -4.03 (-2.13%)
PRL 41.90 Decreased By ▼ -2.41 (-5.44%)
PTC 25.15 Increased By ▲ 0.18 (0.72%)
SEARL 102.51 Decreased By ▼ -0.86 (-0.83%)
SILK 1.05 Increased By ▲ 0.02 (1.94%)
SSGC 38.50 Decreased By ▼ -2.00 (-4.94%)
SYM 18.98 Decreased By ▼ -0.54 (-2.77%)
TELE 9.08 Decreased By ▼ -0.36 (-3.81%)
TPLP 13.20 Decreased By ▼ -0.30 (-2.22%)
TRG 64.00 Decreased By ▼ -0.47 (-0.73%)
WAVESAPP 10.41 Decreased By ▼ -0.49 (-4.5%)
WTL 1.61 Decreased By ▼ -0.04 (-2.42%)
YOUW 4.15 Decreased By ▼ -0.06 (-1.43%)
BR100 11,985 Decreased By -205.8 (-1.69%)
BR30 36,125 Decreased By -457.5 (-1.25%)
KSE100 115,587 Decreased By -668.2 (-0.57%)
KSE30 36,346 Decreased By -257.8 (-0.7%)

japan-auto-sales-riseTOKYO: Japan's domestic sales of new cars, trucks and buses saw their first rise in 13 months in September, reflecting the industry's rebound from the huge disruption sparked by Japan's quake and tsunami.

Sales in September grew 1.7 percent from a year earlier to 313,790 vehicles, the Japan Automobile Dealers Association said Monday.

The figures do not include sales of mini vehicles -- which have an engine capacity of 660 cc or less -- and reflect a low basis of comparison from the same period a year earlier, when state subsidies for the purchase of environmentally friendly vehicles ended.

Sales had been slowing since then, the drop exacerbated by the March 11 earthquake and tsunami, which damaged factories and crippled supply chains, forcing the likes of Toyota to shutter plants and halt production.

Sales dived 50 percent in April and 38 percent in May, as consumer demand took a hit.

Monday's data follows figures released last week that showed higher auto production and exports in August, illustrating the Japanese auto sector's recovery, enabling dealers to offer a better variety of cars to buyers.

But despite the improvement, auto sales fell 25.6 percent to 1.25 million vehicles in the six months ended September compared to a year earlier.

Japanese auto manufacturers estimate that domestic vehicle sales will be the lowest in 34 years in the fiscal year ending March 2012 due to the impact of the March disasters.

Copyright AFP (Agence France-Presse), 2011

Comments

Comments are closed.