Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Japan auto sales drop 28%

by Tony Sagami on February 3, 2009

in Asian Market, Stock Market in China

Japan exports millions of cars but the Japanese themselves are big car buyers too. At least they were.

Domestic sales of autos in Japan dropped by 28% in January, the biggest one month drop since 1974. It is also the sixth monthly drop in a row.

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