Japan: JAMA forecasts 14.2% market fall in 2011

The Japan Automobile Manufacturers Association (JAMA) has revised downwards its forecast for new vehicle sales in Japan in 2011 to 4,250,200 units – a year-on-year decline of 14.2%. The downgrade reflects the impact of the March 2011 earthquake and tsunami in north east Japan. JAMA's original forecast, given in December 2010, It’s time to log … Continued

• By Webmaster
• September 27, 2011