Wednesday, March 7, 2012

Increasing automotive sales


Tokyo - On December 2011, the State government to disburse funds Sunrise was 300 billion yen on consumers and manufacturers that make energy-efficient cars.

Japan's car sales rose 24 percent during 2011. The high sales driven by the government subsidies for energy-efficient vehicles.

Societe Generale Tokyo Research Institute estimates that auto sales in Japan will increase 19 percent to 5 million units this year. Throughout 2011, sales of 2.63 million units after penetrating driven subsidy of 100 thousand yen.

"Subsidies and the improvement of distribution networks will trigger an increase in sales this year," said analysts at Societe Generale, Takuji Okubo, as quoted by the BBC, Monday, February 27, 2012.

This subsidy policy given the Japanese government after they were hit by the auto industry earthquake and floods in Thailand.