Uptick in luxury car sales a bright spot amid retail lull

Oct 12, 2016

Uptick in luxury car sales a bright spot amid retail lull

Japanese consumers are raiding discount stores for everything from cheap shampoo to furniture. When it comes to automobiles, it’s the Rolls-Royces and BMWs that are moving off the dealer lots. Luxury imported cars costing ¥10 million ($96,500) or more surged 19 percent in the ...

Luxury foreign cars find favor among Japan's rich

Apr 20, 2016

Luxury foreign cars find favor among Japan's rich

Tokyo businessman Randal Furudera isn’t about to swap his German-made BMW M5 for a “boring” Japanese car, although he’ll give them some grudging respect for their ho-hum dependability. Deep-pocketed buyers like Furudera are driving sales in Japan of high-end foreign brands, which dominate the ...

Toyota unveils revamped Harrier

Nov 14, 2013

Toyota unveils revamped Harrier

Toyota Motor Corp. has unveiled the latest version of its Harrier luxury crossover vehicle, featuring a new design and better fuel economy to attract younger customers. The Harrier, known in overseas markets as the Lexus RX, was fully revamped for the first time in ...

Ferrari: Japan growth market as China, EU slump

Apr 6, 2013

Ferrari: Japan growth market as China, EU slump

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Japan is becoming Ferrari’s next growth market. Registrations of Fiat SpA’s ultra-luxury brand surged 40 percent to 144 vehicles in Japan last quarter, the Japan Automobile Importers Association said Thursday. That’s more than twice the growth in the larger U.S. market, while demand is ...