Reports by Industry
Reports by Company
- Company Analysis(173)
- Company Profile(60)
Mini Car Sales in Japan approaching 2 Million
Dec 06, 2006
According to the Mini Vehicles Association of Japan, mini vehicles’ sales during Jan-Oct 2006, was valued at 1,703,184, representing a 4.4% up compared to the same period last year (2005). For the month of October alone, sales totaled at 147,848 units, which was 1.2% up from previous year. That was a rise for a consecutive tenth month.
There’s a strong likelihood of mini vehicles’ sales topping the 2 Million mark by the end of the year 2006, as new vehicles are lined up to hit the market, said an official at the Association.
Mini vehicles, with up to 660cc engines, are popular amongst consumers owing to their lower costs of maintenance and engine efficiency. In contrast to the popularity of mini vehicles, domestic sales were sluggish in new motor vehicles segment, exclusive of mini vehicles. Sales of vehicles (that excluded mini vehicles) in Oct 2006 slid 6.2%, as compared to last year, to 263,882 units.
As per a Research Analyst’s view at RNCOS, who has recently researched a report named "Asian Automotive Industry (2007)", Preferential tax & taxes treatment for the owners of mini vehicle are also the factors that are attracting consumers. For mini vehicles the auto tax are very cheap at just Y7, 200 (US$A79.47), compared to Y39, 500 (US$A435.98) for vehicles that have engines of under 2,000cc.”
This research report on “Asian Automotive Industry (2007)” also addresses some interesting issues for today’s Global business environment.
- Get an insight into trends in market performance
- Pinpoint the growth sectors and identify factors driving change.
- Key Strategies.
- Identify market and brand leaders and understand the competitive environment.
- Major driving forces for Asian automotive industry.
- Opportunities as well as challenges that exist for investors and businesses in this sector.
For more information visit: http://www.rncos.com/Report/IM088.htm
For more information visit: http://www.rncos.com/Report/IM088.htm
Some of our Related Reports are as follows:Â
Related Releases are as follows:
- Alliances and Collaborations Builds a Strong Automobile Industry Network in Vietnam
- Delhi/NCR: The Largest Market for CNG Passenger Cars in India
- RNCOS White Paper: India Radial Tyre Market to Grow at 10% CAGR
- RNCOS White Paper: India Radial Tyre Market
- Vietnam Automobile Industry Goes Green by Taking Eco-Friendly Measures
Media Citation
- testtest
19 Jan, 2024 - Yourstory.com News @ Foodtech startup Swiggy launches Health Hub in Chennai
23 Mar, 2021 - Yourstory.com News @ Zomato forays into dietary supplements, makes its own 'made in India' brand
16 Mar, 2021 - View more
get in touch
Copyright © 2014, RNCOS, 2002-2014
About Us
Terms & Policy
Contact