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The March 11 earthquake and tsunami has wreaked havoc on Japanese automakers' ability to build new vehicles, while also shuttering many suppliers that automakers around the world count on for production. Integrity Imports reports the devastating natural disaster has thrown a massive wrench in auto sales as well.
Japan's March auto sales are reportedly the worst they've been since 1968. Overall vehicle sales were down 44.2 percent from the same month in 2010, while sales of all light cars were down a similarly colossal 32.5 percent on the month.
With many Japanese automakers still shut down nearly a month after the quake, we're guessing the sales slump in Japan will continue at least through April, and possibly throughout the summer. |
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