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    <title>Business Recorder - Business &amp; Finance - Industry</title>
    <link>https://www.brecorder.com/</link>
    <description>Business Recorder</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Thu, 13 Aug 2026 07:39:32 +0500</pubDate>
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      <title>Japan's new vehicle sales plunge 37pc in March</title>
      <link>https://www.brecorder.com/news/9649/japans-new-vehicle-sales-plunge-37pc-in-march</link>
      <description>&lt;p class="MsoNormal"&gt;&lt;img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/april/jpcars-reuters_404.jpg" width="400" height="267" /&gt;TOKYO: Japan's domestic sales of new cars, trucks and buses dropped 37 percent from a year earlier in March, as the devastating March 11 earthquake and tsunami hit production and supplies to auto dealers.&lt;/p&gt;
&lt;p class="MsoNormal"&gt;Auto sales totalled 279,389 in March, the seventh-straight monthly decline, the Japan Automobile Dealers Association said Friday.&lt;/p&gt;
&lt;p class="MsoNormal"&gt;The 9.0 magnitude earthquake, Japan's biggest ever recorded, three weeks ago unleashed a tsunami that devastated swathes of the northeast coastline and hit the production of all of Japan's automakers.&lt;/p&gt;
&lt;p class="MsoNormal"&gt;Auto assembly and part manufacturing plants were damaged and companies were subjected to power shortages, causing a lack of components for both domestic and overseas car makers.&lt;/p&gt;
&lt;p class="MsoNormal"&gt;Auto sales, as measured by registrations of vehicles, are seen as a key indicator of consumer spending sentiment and are among the first data to be released each month in Japan.&lt;/p&gt;
&lt;p class="MsoNormal"&gt;The figures do not include sales of mini cars or trucks.&lt;/p&gt;
&lt;p&gt;&lt;center&gt;&lt;b&gt;&lt;i&gt;Copyright AFP (Agence France-Presse), 2011&lt;/i&gt;&lt;/b&gt;&lt;i&gt;&lt;/i&gt;&lt;/center&gt;&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p class="MsoNormal"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/april/jpcars-reuters_404.jpg" width="400" height="267" />TOKYO: Japan's domestic sales of new cars, trucks and buses dropped 37 percent from a year earlier in March, as the devastating March 11 earthquake and tsunami hit production and supplies to auto dealers.</p>
<p class="MsoNormal">Auto sales totalled 279,389 in March, the seventh-straight monthly decline, the Japan Automobile Dealers Association said Friday.</p>
<p class="MsoNormal">The 9.0 magnitude earthquake, Japan's biggest ever recorded, three weeks ago unleashed a tsunami that devastated swathes of the northeast coastline and hit the production of all of Japan's automakers.</p>
<p class="MsoNormal">Auto assembly and part manufacturing plants were damaged and companies were subjected to power shortages, causing a lack of components for both domestic and overseas car makers.</p>
<p class="MsoNormal">Auto sales, as measured by registrations of vehicles, are seen as a key indicator of consumer spending sentiment and are among the first data to be released each month in Japan.</p>
<p class="MsoNormal">The figures do not include sales of mini cars or trucks.</p>
<p><center><b><i>Copyright AFP (Agence France-Presse), 2011</i></b><i></i></center></p>
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      <category>Business &amp; Finance</category>
      <guid>https://www.brecorder.com/news/9649</guid>
      <pubDate>Fri, 01 Apr 2011 06:28:55 +0500</pubDate>
      <author>none@none.com (Shoaib Ur Rehman)</author>
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