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The car, here is what happens if one increases the Vat

In Japan in the year just ended, sales of new vehicles (excluding mini) decreased 1.9%, with 3.28 million cars, buses and trucks to be delivered in 2019 in the

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The car, here is what happens if one increases the Vat
In Japan in the year just ended, sales of new vehicles (excluding mini) decreased 1.9%, with 3.28 million cars, buses and trucks to be delivered in 2019 in the country. These are the data released by the association of car dealers japanese (Jada).

The activity was generally positive in the first nine months of the year, but then volumes have declined in relation to the increase in the first October of the vat (from 8% to 10%). In December, sales fell 9.5% on an annual basis to 226.951 unit.

Looking at many different car brands, Nissan has had a dark year: his annual sales in japan declined 13.8% in volume. Nissan, allied with the French Renault, has suffered from the degraded image in the country because of the case, Ghosn. On the contrary, the number-one japanese maker Toyota has achieved sales volumes per year in growth of 3.1%, mainly thanks to the dynamism of its luxury brand Lexus. Honda has, however, recorded a decline of 5.4 percent. The stable volumes of sales of mitsubishi motors, the third member of the Renault-Nissan alliance.

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