Hokay, so I’m a bit of a hippie when it comes to cars – but it’s not my fault, it’s my job. Anywise, it looks like things are going good in Japan on the motor vehicle dependency front. For the past 25 months, cars sales in Japan have been declining. In fact comparing July ’06 with July ’07 one can see at 10.4% decline in sales. Not only that, saturation of ‘mini-vehicles’ is nudging closer and closer to 50%, gaining about 1.1% from last year. But the biggest news is that for the first time ever the number of cars per household has decreased.
It is a bit easier for the Japanese to get rid of their cars; transit runs on time there, trains go everywhere, it’s remarkably easy to use and the Shinkansen can get up to 443km/hr. But the surprising thing is, used cars are cheap in Japan. You can even get them for free as it becomes prohibitively expensive for one to pay the ‘road tax’ on old cars. If you ever go to Australia or New Zealand you’ll see tons of unwanted imported Japanese cars.
from Japan Economy News