Projo Cars Blog

Japan auto sales plunge as young lose interest

9:54 AM Tue, Dec 30, 2008 |
Peter C. T. Elsworth    Email

TOKYO -- To get around the city, Yutaka Makino hops on his skateboard or rides commuter trains. Does he dream of the day when he has his own car? Not a chance, according to USA Today.

Like many Japanese of his generation, the 28-year-old musician and part-time maintenance worker says owning a car is more trouble than it's worth, especially in a congested city where monthly parking runs as much as $330, and gas costs $3.50 a gallon.

That kind of thinking - which automakers here have dubbed "kuruma banare," or "demotorization" - is a U-turn from earlier generations of Japanese who viewed car ownership as a status symbol. The trend is worrying Japan's auto executives, who fear the nation's love affair with the auto may be coming to an end.


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Comments

thanks.



WheelScene said:

I don't think so that it will end, it will be just for a while & every thing will get to normal soon.

Rose.




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