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Japan car sales rocket 40% on subsidy boost

The Gazette -- Japanese automobile sales rocketed more than 40 per cent in January after the government restored subsidies for eco-friendly vehicles.

Sales of vehicles with engine sizes above 660cc stood at 263,267 in January, up 40.7 per cent on the previous year, the Japan Automobile Dealers Association said.

The figure includes larger vehicles such as lorries and buses as well as cars.

January was the first complete month of sales after Tokyo re-introduced subsidies for eco-friendly vehicles that can cut thousands of dollars from their price tags, in a move aimed at boosting the automobile industry.

Toyota was the biggest overall beneficiary of the move, selling 124,633 vehicles, up 47.1 per cent on the previous year, but Honda and Isuzu sales went up proportionately even more, at 59.2 per cent

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Submitted Feb 03, 2012 By: Nicoalbum

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remay Champion Author Houston Posts:5,197 Points:1,755,220 Joined:May 2006	Message Posted: Feb 5, 2012 1:20:54 PM Ignore remay Report Abuse Well, duh, why WOULDN'T they if a subsidy that large is introduced?
DanMtz Champion Author Oakland Posts:1,502 Points:876,625 Joined:Oct 2009	Message Posted: Feb 5, 2012 12:17:32 PM Ignore DanMtz Report Abuse So the effective price went down and demand went up. Just like they said in Econ 1A.
oldhillbillyAZ Champion Author Tucson Posts:2,257 Points:301,035 Joined:Dec 2009	Message Posted: Feb 5, 2012 12:58:22 AM Ignore oldhillbillyAZ Report Abuse Why does it work in Japan and not in the US ???? Could it be because they don't have Republican's and Democrats whizzing in each others Cheerios ????
Night Owl Champion Author Toronto Posts:5,755 Points:1,429,700 Joined:Jul 2004	Message Posted: Feb 4, 2012 12:54:01 PM Ignore Night Owl Report Abuse Great news for the Japanese automobile industry.
Norm10 Champion Author British Columbia Posts:1,818 Points:89,095 Joined:Dec 2010	Message Posted: Feb 4, 2012 9:47:53 AM Ignore Norm10 Report Abuse Rather than giving subsidies on eco-friendly vehicles why don't they assess penalties on non eco-friendly vehicles? This would give them a new source of revenue instead of wasting tax payer money. [Edited by: Norm10 at 2/4/2012 10:48:40 AM EST]
blupupher Champion Author Houston Posts:1,670 Points:415,890 Joined:Feb 2011	Message Posted: Feb 4, 2012 9:34:44 AM Ignore blupupher Report Abuse They need to price cars so people can afford them as is with no subsidies.
bubbagasPA Rookie Author Lancaster Posts:34 Points:20,005 Joined:Feb 2012	Message Posted: Feb 4, 2012 9:10:50 AM Ignore bubbagasPA Report Abuse that is good
nurdco Champion Author Colorado Springs Posts:7,201 Points:1,327,385 Joined:Apr 2008	Message Posted: Feb 4, 2012 8:57:43 AM Ignore nurdco Report Abuse Vehicles are NOT CHEAP
TruthMatters All-Star Author New Jersey Posts:903 Points:195,670 Joined:Oct 2011	Message Posted: Feb 4, 2012 7:12:00 AM Ignore TruthMatters Report Abuse Didn't know what a lorry is until now. Good for them and the global economy.
reidlej Veteran Author Columbus Posts:358 Points:277,850 Joined:Jul 2011	Message Posted: Feb 4, 2012 6:41:59 AM Ignore reidlej Report Abuse Good news for Japan's auto industry!
Mark8601 Veteran Author Bakersfield Posts:424 Points:123,945 Joined:Dec 2011	Message Posted: Feb 4, 2012 6:27:14 AM Ignore Mark8601 Report Abuse They had to do something with all those water logged cars siting around. Melt them down and rebuild new cars.
anascom All-Star Author Hamilton Posts:855 Points:314,390 Joined:Feb 2011	Message Posted: Feb 4, 2012 1:55:52 AM Ignore anascom Report Abuse @APlus "Why doesn't the USA government put tariffs and use other on foreign companies who make cars and get all these benefits -- to make the playing field level for US car makers? " I strongly agree with what you said!
SBlouch Champion Author San Antonio Posts:7,331 Points:1,559,605 Joined:Apr 2007	Message Posted: Feb 4, 2012 12:15:36 AM Ignore SBlouch Report Abuse This is a good thing for Japan and will help them get back on ther feet after the disasters they suffered in 1911.
JohnofGB Champion Author Flint Posts:3,582 Points:731,195 Joined:Feb 2010	Message Posted: Feb 4, 2012 12:02:17 AM Ignore JohnofGB Report Abuse Keep on subsiding your sales. Wait until that goes away and watch the fall in sales.
Ahking Champion Author Orange County Posts:1,970 Points:323,250 Joined:May 2011	Message Posted: Feb 3, 2012 11:25:50 PM Ignore Ahking Report Abuse so government can stimulate economic activity & jobs.
amerk73 Champion Author Dallas Posts:5,198 Points:1,254,015 Joined:Oct 2008	Message Posted: Feb 3, 2012 10:58:17 PM Ignore amerk73 Report Abuse not bad
davenles Champion Author Texas Posts:1,356 Points:352,335 Joined:May 2011	Message Posted: Feb 3, 2012 10:14:54 PM Ignore davenles Report Abuse Taking a lession from the Obama camp?
lesndave Champion Author Texas Posts:1,221 Points:336,580 Joined:May 2011	Message Posted: Feb 3, 2012 10:10:41 PM Ignore lesndave Report Abuse Wow
Jeff1944 Champion Author South Dakota Posts:3,471 Points:769,970 Joined:Jan 2010	Message Posted: Feb 3, 2012 9:57:38 PM Ignore Jeff1944 Report Abuse The Osama Obama will, maybe try the same thing in the US before the election, since cash for clunkers did not work?
aquarinut Champion Author British Columbia Posts:1,173 Points:272,015 Joined:Jul 2011	Message Posted: Feb 3, 2012 8:48:14 PM Ignore aquarinut Report Abuse Agree with MidNJ that the tsunami did remove quite a number of cars, but only where it struck. The loss of power and parts was bigger for continued production. I think that Japan was facing something like the US was when GM looked like it was going under, only Japan's car manufactures suffered from natural disaster, not mismanagement. The Japanese government almost had no choice but introduce subsidies. The article doesn't say up to what cc size the vehicles being subsidised are, but it would be interesting to know how much subsidy is given to what cc size. We have motorcycles and outboard boat engines that are a LOT bigger than 660cc and by the gist of the article, they have cars that have even SMALLER engines! Were these subsidies for sales within Japan? Or were they for offshore exports?
bullman68 All-Star Author St. Louis Posts:596 Points:294,000 Joined:May 2011	Message Posted: Feb 3, 2012 8:33:28 PM Ignore bullman68 Report Abuse Ahso cash for kwunkers.
APlus Champion Author San Antonio Posts:2,509 Points:688,805 Joined:Apr 2007	Message Posted: Feb 3, 2012 8:08:54 PM Ignore APlus Report Abuse Why doesn't the USA government put tariffs and use other on foreign companies who make cars and get all these benefits -- to make the playing field level for US car makers?
WalkingWV Champion Author West Virginia Posts:2,374 Points:509,670 Joined:May 2008	Message Posted: Feb 3, 2012 7:52:42 PM Ignore WalkingWV Report Abuse 40%?!! Where do I sign?!!
ExplorerWA Champion Author Washington Posts:2,222 Points:430,565 Joined:Feb 2011	Message Posted: Feb 3, 2012 7:44:45 PM Ignore ExplorerWA Report Abuse I suppose that later we will find out the our politicians secretly subsided the Japanese auto industry.
doeslayersr Champion Author Illinois Posts:5,779 Points:505,225 Joined:Dec 2010	Message Posted: Feb 3, 2012 7:30:50 PM Ignore doeslayersr Report Abuse I thought the Japanese learned their lesson with the lost decade.
buckets42 All-Star Author New Jersey Posts:983 Points:189,895 Joined:Oct 2011	Message Posted: Feb 3, 2012 7:21:46 PM Ignore buckets42 Report Abuse Wow
pbug101 All-Star Author Georgia Posts:787 Points:232,545 Joined:Aug 2011	Message Posted: Feb 3, 2012 7:21:07 PM Ignore pbug101 Report Abuse ok
MidNJ Champion Author New Jersey Posts:5,446 Points:837,250 Joined:Sep 2009	Message Posted: Feb 3, 2012 6:58:05 PM Ignore MidNJ Report Abuse From the videos I saw of the earthquake aftermath, lots of cars got destroyed in Japan last year and they need to be replaced.
GRCummins53 Veteran Author Stockton Posts:337 Points:141,010 Joined:May 2011	Message Posted: Feb 3, 2012 6:40:09 PM Ignore GRCummins53 Report Abuse $55 taken from every man, woman, and child in Japan for eco-friendly cars in 15 months.
RitaVespa Champion Author Oregon Posts:1,660 Points:445,815 Joined:Jan 2011	Message Posted: Feb 3, 2012 6:34:38 PM Ignore RitaVespa Report Abuse Seriously? More subsidies
fedupMN Champion Author Twin Cities Posts:1,412 Points:278,910 Joined:Mar 2011	Message Posted: Feb 3, 2012 6:19:19 PM Ignore fedupMN Report Abuse What ???? government subsidies.... say it isn't so Joe... I thought Obama was the only political leader that did things like that.... OMG!!!!
Vetteblu Champion Author Denver Posts:1,637 Points:465,115 Joined:Oct 2010	Message Posted: Feb 3, 2012 6:03:43 PM Ignore Vetteblu Report Abuse I'm sure they pay for it somewhere.
335d1 All-Star Author Virginia Posts:532 Points:401,625 Joined:Feb 2011	Message Posted: Feb 3, 2012 6:03:05 PM Ignore 335d1 Report Abuse One way to boost sales.
carnifolks Veteran Author New Jersey Posts:354 Points:351,635 Joined:Sep 2006	Message Posted: Feb 3, 2012 5:49:26 PM Ignore carnifolks Report Abuse ill take two please
ClarkSC Champion Author South Carolina Posts:1,235 Points:644,180 Joined:May 2010	Message Posted: Feb 3, 2012 5:48:17 PM Ignore ClarkSC Report Abuse Sure, let the gov't pay for your car.