Japan is known to be the largest car maker in the world. But due to new competition from China and India, Japanese car industry is now facing difficult challenges. It is still quite interesting to be aware of the different facts regarding Japanese cars and auto companies.
What You Must Know About Cars And Auto Companies In Japan
Japan imported its very first automobile in 1899. In 1902, motor vehicle production by various Japanese manufacturers started. Though public transport and commercial vehicles crowded the city streets after cars were introduced, it was only in the 1960s that private car ownership started to increase dramatically.
There were indeed 3 factors that made such possible – rapid economic growth, emergence of a local automotive industry manufacturing small-sized, fuel-efficient vehicles, and road improvements.
Japan owes a lot of its success to its production of small, fuel-efficient cars. It was only during the Energy Crisis that the sales of these kinds of vehicles decreased – people began to invest more on bigger cars.
Because of the advancement in technology, plenty of used Japanese cars are now being sold to underdeveloped countries. They are very affordable so they became a huge market in such countries.
Some of the best-selling Japanese luxurious cars are Honda Acura, Nissan, and Toyota Lexus. On the other hand, the top 5 Japanese auto companies will include Toyota, Honda, Nissan, Mitsubishi and Mazda.
Trivia Info Resource: www.TS-EXPORT.com