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Domestic car sales slumped amid the Covid-19 pandemic. Up to September 2020, total car sales reached only 372,000 units. This figure is down 63.9% compared to the same period last year, which recorded sales of 1 million units.
Toyota remained the top-selling brand from January to September 2020, with sales volume reaching 111,600 units. Daihatsu followed with 69,200 units and Mitsubishi with 54,200 units.
The sluggish sales of four-wheeled vehicles prompted the Ministry of Industry to propose a waiver of new car purchase taxes. However, this proposal was rejected by the Ministry of Finance because the government had already provided several incentive packages for the industry.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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