Reflecting the continuing sluggish sales after the consumption tax hike in April, domestic auto sales posted double-digit decline in July from a year ago, the Japan Automobile Dealers Association said August 1.
Total domestic sales of vehicles dropped 10.1 percent to 471,623 units in July from a year ago for the fourth consecutive month since April, officials of JADA said. “The negative impact by the consumption tax increase has been continuing for much longer than automakers had previously predicted,” a JADA official said. “Their sales strategies that targeted this year’s bonus season (in July) did not work,” he said.
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