Business | Apr 02

Daihatsu Loses Top Spot in Kei Car Sales

TOKYO, Apr 02 (News On Japan) - Automobile manufacturer Daihatsu has fallen to second place in the Japanese kei car market after 18 years at the top.

According to the "National Light Vehicle Association Federation," which represents kei car manufacturers and sales industries, the total new kei car sales for the fiscal year 2023 reached 1,625,481 units, marking a 4% decrease from the previous year.

When looking at sales by manufacturer, Suzuki led with 552,251 units, surpassing Daihatsu's 443,694 units for the first time since 2006, thereby claiming the top spot after 18 years.

Suzuki's success can be attributed to the robust sales of its newly fully redesigned model, the 'Spacia,' introduced in November last year. Meanwhile, Daihatsu faced setbacks due to suspension of shipments after December 2023, following a certification misconduct issue.

Source: ANN

MORE Business NEWS

Fully Cashless 'WHATAWON' Opens in Osaka

A large-scale commercial facility, boasting about 50 stores from shopping to lodging and operating entirely cashless, has opened in Kishiwada City, Osaka Prefecture.

Osaka May Day Rally Calls for Wage Increases

May 1st marks the celebration of the international labor movement known as May Day. In Osaka, a rally was held where attendees called for the extension of recent substantial wage increases to small and medium-sized enterprises (SMEs) as well.

Japan's Top Five Securities Firms See Significant Profit Increase

The earnings reports from Japan's five major securities firms are in, showing strong performances boosted by the rising stock market.

POPULAR NEWS

Noto Peninsula Opens Bypass on Uplifted Coastline

A new bypass road has opened on the coast uplifted by the Noto Peninsula earthquake in Ishikawa Prefecture's Wajima City.

Sake Makers Run Out of Bottles

As demand for sake rebounds both domestically and internationally, a major shortage of sake bottles has prompted a leading food wholesaler to begin selling the beverage in cans instead of bottles.

Tokyo's New Chinatown

In Tokyo, the Chinese population has been on the rise, with Adachi Ward seeing more than double the number from ten years ago.

Suspected Chromium-Contaminated Cat Found Dead

The carcass of a cat was found near a plating factory in Fukuyama City, Hiroshima Prefecture, on March 30th.

Vacant Homes in Japan Reach Record High of 9 Million

Japan's Ministry of Internal Affairs and Communications announced on April 30th that the number of vacant homes across the country has reached 9 million, setting a new record high.

FOLLOW US