Motorcycles, Cars, and Car Technology

Posts Tagged ‘to buy Japan used cars’

After the tragic earthquake and tsunami destroyed much of Japan’s economy, no one can ever question the integrity and determination of the Japanese. They are stoic, yes but they are also disciplined, respectful, and hardworking. It made more sense to buy Japan used cars because once again, any doubts are erased about the workmanship that goes into a Japanese product. To buy Japan used cars would mean you can safely and securely go on the road, drive for miles, and not have to worry about fuel consumption, breakdowns, or highly priced car parts.

While it is true that after the March disaster, Japan’s economy took a massive blow especially in the manufacturing industries, they immediately began to work on changing their destiny. It was imperative to do this since the 23% of the economy relies on the consumer and automotive industries.

After the earthquake, Honda and Toyota shut down their factories. After taking stock of their situation and moving some of the work to other locations, they began to slowly pick up the pieces and resume production. Companies like Nissan, Mitsubishi, Suzuki, and Mazda suspended operations temporarily but got back on track soon after the earthquake because their plants were not badly damaged. Their major concern was car parts, as was the concern of many other businesses around the world relying on these companies for spare parts.

The impact on the world as far as car production was concerned is the slowdown in output. This is because these companies generally only keep a 90 day inventory plus the fact that basic needs such as electricity and water was compromised.

This year the Japanese car sales which usually grew at 20%  last year is seen as to have a low 12% growth. Toyota had to raise prices by 1.5% starting in October. Raw materials costs have gone up together with expenses in rebuilding plants and facilities.

In addition, with the rising cost of fuel, more consumers are turning to scooters and motorcycles instead of cars. They are also spending more on maintenance or buying used cars instead of adding additional burden to their struggling budget.