Auto sales surged on the Japanese market by 36 percent in July, for the 11th consecutive months, to 328,543 vehicles in July, according to the Japan Automobile Dealers Association.
The number includes cars, trucks and buses.
In July, Toyota Motor Corp. sales gained 62.8% to 165,666 vehicles, Honda’s sales grew 35.3% to 45,627 vehicles, while Nissan Motor Co. saw sales rise 7.4% to 44,885.
The jump in sales numbers is attributable to the imminent end of a government subsidy program for eco-friendly cars, as well as to the fact that the comparison is made to the corresponding month of last year, when the effects of the natural disasters were still fresh.
Separately, sales of mini vehicles surged by 40 percent, to 184,582 units, confirming the strong rising trend of the segment on a difficult market.
The government announced subsidies for fuel-efficient vehicle purchases of up to ¥100,000 ($1,280), until the end of January. Market experts say however that the money could run out as early as this month, so the market could lose momentum in the following months.