Asian Makers Continue To Struggle In A Sinking Japanese Market

Just about everyone struggled last month in the U.S. auto market. Detroit's automakers lost another sliver of market share. Unusually, so did the hard-charging Asian car brands, as high fuel prices and worries about the economy sapped consumer demand.

But the weakness in the U.S. market is nothing compared with the difficulties automakers face in Japan, where new car and truck sales fell in April for the 22nd month in a row.

In the Japanese fiscal year ended on March 31, sales of cars and trucks -- excluding minivehicles -- sank to 3.59 million units, the lowest annual total in 29 years.


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stevenv1999 - 5/8/2007 1:44:36 PM

+1 Boost

They are just hanging onto their cars longer.

Need4Speed - 5/8/2007 7:12:18 PM

+1 Boost

Where's Toyota when you need them!