Hirunews Logo
Japan+Car+Sales+Fall+to+Lowest+Since+2011+on+Tax+Increase
Tuesday, 02 September 2014 - 16:31
Japan Car Sales Fall to Lowest Since 2011 on Tax Increase
37

Shares
4,523

Views
Japan’s auto sales tumbled to a three-year low last month, the latest sign that consumer spending is slumping in the world’s third-largest economy following a sales-tax increase.

Vehicle deliveries fell 9.1 percent from a year earlier to 333,471 units, the lowest since August 2011, according to industry figures released today. Sales rose for seven straight months before the April 1 tax increase. - (bloomberg)
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE