Japan's new imported car sales up 3.2 per cent in fiscal 2007

Business Materials 4 April 2008 09:36 (UTC +04:00)

( dpa ) - Sales of new imported cars rose 3.2 per cent in Japan to 264,658 units in the 2007 fiscal year from the year before, the Japan Automobile Importers Association said Friday.

Sales of imported cars produced by overseas automakers fell 5.6 per cent to 227,159 units in the year that ended Monday while those made by Japanese companies overseas soared 136.9 per cent to 37,499 units.

Volkswagen ranked as the top-selling import brand with sales of 51,619 units. Its market share dropped, however, to 19.5 per cent, down from 20.83 per cent.

BMW sold 45,809 units with a market share of 17.31 per cent, down from 19.08 per cent.

Mercedes-Benz followed as the third-ranking brand with sales of 45,478 units and a market share of 17.16 per cent, down from 18.99 per cent.

Nissan ranked fourth with a 9.82-per-cent market share, selling 25,987 units, up 52 units from a year before.

While sales for the year rose, they fell last month by 3 per cent from the same month a year earlier to 31,727 units.

Sales of vehicles made by foreign companies dropped 8.2 per cent to 28,416 units in March while those made by Japanese firms increased 88 per cent to 3,311 units.