Nikkei. Japanese sales of new automobiles, excluding minivehicles, fell 0.7% to 3.913 million units in fiscal 2005, marking their third straight year of decline and the lowest total in the last 10 years. New car sales missed the 4 million mark for the second year in a row, according to data from the Japan Automobile Dealers Association.
Toyota, excluding Lexus luxury, declined 2.1%; Nissan lost 5.4%; Honda gained 0.5% and Mazda gained 0.4%. Lexus, introduced to Japan last summer, sold 15,936 units.
In contrast, minivehicle sales surged 3.6% to 1.94 million units, according to the Japan Mini Vehicles Association. This represented the third straight year of growth, topping the old record set six years ago.
Suzuki, the segment leader, saw unit sales up 4.2%, as did No. 2 firm Daihatsu. Third-ranked Honda lost 3.9% while fourth-place Mitsubishi posted 10.5% growth. Nissan gained 39.6% despite struggling in other segments.
JADA Sales data