Domestic car sales in Japan rebounded strongly in September after the government lifted lockdown measures in May.
According to Reuters, Sichi Nagatsuka, Vice President of the Japan Automobile Manufacturers Association, said during a regular press briefing that domestic car sales this month recovered and reached roughly the same level as September of Last year.
He added, "I learned that sales have recovered to close to 90 percent, but that the recovery in consumer spending is slowing so the critical situation has not changed."
This union represents all the major car companies in Japan, including Toyota, Nissan Motor and Honda Motor.
The world's third largest economy suffered its worst post-war contraction during the second quarter of the year and although it showed some signs of recovery recently, consumers Companies have remained on caution.
Car sales in Japan fell by more than 40 percent year on year in May after the government urged residents to stay home in April in order to curb the spread of the Coronavirus.
and the union calls on the government to extend the tax exemption it applied to car sales earlier this year to face the repercussions of the Corona pandemic and to provide other incentives to boost domestic car sales and support a sector it says is employing More than five million.
(Amazon fun knowledge)
