Japan’s new car sales slip to second-lowest total on record as production slows

New car sales in Japan fell for the third consecutive year in fiscal 2021, down 9.5% from a year earlier, as production slowed due to shortages of semi- conductors and other components amid the coronavirus pandemic, industry bodies said Friday.

A total of 4,215,826 cars were sold in the year ending Thursday, according to the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association.

Domestic auto sales, excluding mini-vehicles, fell 8.2% to 2,660,855 units, the second lowest since the survey began in fiscal year 1968.

Toyota Motor Corp. sold 1,313,913 units, down 9.7%. The impact of the pandemic in Southeast Asia has forced it to rush for parts and temporarily cut domestic production significantly.

Honda Motor Co. and Nissan Motor Co. posted declines of 3.4% and 1.1%, respectively. Mazda Motor Corp. fell 15.4%, Subaru Corp. losing 14.2%.

Sales of mini-vehicles, with engine capacities of up to 660cc, fell 11.5% to 1,554,971 units, the lowest in 24 years.

Daihatsu Motor Co., Toyota’s minicar subsidiary, sold 506,436 cars, down 7.8%. Suzuki Motor Corp. fell 12.8% to 470,498 units.

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