Sales of used motor vehicles totaled 434,583 units in February, up 0.6 percent for the second consecutive year-on-year increase, the Japan Automobile Dealers Association said Wednesday.
Despite the sales growth, the market for used vehicles remains tough due to a shortage of products available for sale, an association official said, referring to consumers’ longer ownership of new cars.
Sales of midsize and large cars were brisk, while those of small cars and trucks were slack.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.