Japan 2016. Vehicles market fell down for the third year in a row

Japanese Vehicles Sales

Japanese Vehicles Sales 2016 fell down moderately while for the third year in a row falling at the lowest in five years. However Toyota improved sales as many importers. Ford gave away.

Market Outlook

An accommodative monetary policy and a weaker yen are expected to boost growth next year. That said, ambitious economic and social reforms are needed to ensure a healthier and more sustainable growth trajectory. The main downside risk to growth next year will be increased protectionism under Trump’s administration. Analysts see the economy growing 0.9% next year.

The domestic new vehicles market kept the shy trend losing again in the 2016, for the third year in a row hitting the lowest level since 2012.

Indeed, according to the data released by the JADAJAMA and JAIA, (the Japanese Associations of car manufacturers, importers and dealers), the year ended with a good December recovery, when sales had been 397.477 (+7.9%) reducing the full year lost at only 1.5% with figures at 4.959.680 units.

Competitive Arena

The market leader Toyota sold 1.528.173 vehicles (+5.5%) ahead of Honda and Suzuki, while among the highest increases there were Abarth, Jeep, Peugeot, DS and Mini. The best performances had been reported by Smart and Jaguar, improving 345.5% and 113.7%.

Ford hit the sharpest slowdown, losing 55.2%. Others remarkable lost reported for Alfa Romeo, Mazda, Mitsubishi and Volkswagen.

The Toyota Prius was the best-selling model with 248.258 units (+85.0%), while in 2nd place was the Honda N-Box with 175.073 (-5.3%) ahead of the Toyota Aqua with 168.208 (-22.0%).

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

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