Japan’s vehicle sales decline by 2% in January

Japan’s new vehicle market declined by 2.3% year-on-year to 367,748 units in January 2026, following a 12% rise to 376,255 in the same month last year, according to registration data released by the Japan Automobile Manufacturers Association. Sales of passenger vehicles declined by 6.2% to 307,838 units last month, with sales of larger (standard) models dropping by 12% to 130,318 units, while sales of trucks rose by 25% to 59,214 units, driven by a 50% surge in sales of light trucks to 17,571 units and a ...