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0Report: Obama urged to push Japan to open its cash-for-clunkers program to U.S. 1262898060
Like everywhere else on the planet, new car sales are down in Japan (17 percent versus 2008 levels, to be exact). And, like a number of other countries, Japan has decided to spur automobile sales by creating a cash-for-clunkers-style program at a cost of $3.7 billion. Unlike similar programs from ...
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Japan reportedly pondering $3,000 green car stimulus program for consumers 1239112740
2010 Toyota Prius – Click above for high-res image galleryThe U.S. automotive market is in a rut the size of the Grand Canyon, but it's not alone. Most nations are experiencing lackluster sales, and the Japanese car market is experiencing its own free fall. As a direct result, Reuters is ... -
Youth in Asia: Japanese sales plunge as young people abandon cars 1230679920
Japan's car sales are declining, just like they are in most countries. But unlike other markets, auto sales in Japan won't be recovering anytime soon. The sales outlook is so bleak, in fact, that the Japanese automakers even have a word for it: "kuruma banare," or "demotorization." While it may ...
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