Japan's vehicle sales decline by 3.5% in February [Yahoo! Finance]
Toyota Motor Corporation (TM)
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Source: Yahoo! Finance
of 409,348 units, according to registration data released by the Japan Automobile Manufacturers Association. The vehicle market in Japan remains sluggish, against a backdrop of slow economic growth following recent interest rate hikes and weak domestic sentiment. GDP growth slowed to 0.2% year-on-year in the fourth quarter of 2025, reflecting mainly a slowdown in private consumption growth. The vehicle market is also up against strong year-earlier data, when Daihatsu's production rebounded from earlier cuts following its safety test rigging scandal. Vehicle sales in the first two months of the year declined by 2.9% to 762,717 units after rising by almost 16% to 785,606 a year earlier, with passenger vehicle sales declining by 6.8% to 636,374 units, while truck sales rose by over 23% to 124,816 units. Sales of medium and large buses and coaches declined by almost 18% to 1,527 units. Toyota led the market lower year-to-date with a 6% sales decline to 232,761 units, reflecting main
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