Six Japanese automakers sold 5.53 million new cars in the U.S. last year...up 16% from the previous year = South Korean report

Six Japanese automakers sold a total of 5.53 million new cars in the United States last year. Sales have rebounded for the first time in two years since declining in 2022, but sales are expected to slow down again this year.
According to the Nihon Keizai Shimbun on the 4th, six Japanese automakers, including Toyota, Nissan, Subaru, Mitsubishi, Mazda, and Honda, sold a total of 5.53 million new cars in the United States last year, an increase of 16% from the previous year.
This is about 36% of the 15.5 million new car sales in the United States, estimated by market research firm Edmunds. One out of three cars sold was a Japanese-made car.
Sales of new Japanese cars in the U.S. decreased by 18% from the previous year due to production disruptions due to the semiconductor shortage in 2022, but the supply chain stabilized last year.
It has rebounded for the first time in two years, supported by sales and discount events. Total new vehicle sales in the United States increased by 12% compared to the previous year.
By manufacturer, Nissan (23%), Subaru (14%), Mazda (23%), Honda (
33%) recorded double-digit growth rates, while Toyota (7%) and Mitsubishi (2%) recorded single-digit growth rates. Based on sales volume, Toyota's sales were 2.24 million units, accounting for half of all new car sales in Japan.
It took nearly a minute. This year, sales of new cars overall, not just Japanese-made cars, are expected to slow down. U.S. companies such as General Motors (GM) are showing strength, and high interest rates since last year are expected to continue for a long time.
This is because the burden on consumers has increased. Demand for electric vehicles, which have led the growth of the U.S. auto market up until now, has declined due to tightening tax credit standards and a lack of charging infrastructure.
ing. The growth rate of global electric vehicle sales in the fourth quarter of last year was 20% compared to the same period last year, the lowest level. This year, market research firm Cox Automotive announced new car sales in the United States.
It predicted that sales would reach 15.6 million units, a growth rate of less than 2%. The judgment is that it is still a long way from recovering to the level before the COVID-19 virus pandemic, when sales exceeded 17 million units.