{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/japan-recovery-continues-in-january/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Japan recovery continues in January","slug":"japan-recovery-continues-in-january","createdLocal":"2023-02-07 14:32:17.840667","publishDate":"2023-02-06 09:49:48+00:00","feedName":"Connected Car","sourceUrl":{"sourceUrl":"https://www.just-auto.com/news/japan-recovery-continues-in-january/"},"postSummary":{"childMarkdownRemark":{"html":"<p>Toyota bZ4xJapan’s new vehicle market continued to expand in January 2023, by 16% to 382,338 units from weak year earlier sales of 329,699 units, according to the Japan Automobile Manufacturers Association.\nThis was the fifth consecutive month of growth and reflected the gradual easing of component shortages such as semiconductors over the second half of last year, which allowed vehicle manufacturers to fulfil order backlogs.\nThe OECD was the latest organisation to revise upwards its growth forecast for the Japanese economy, to 1.8% for this year and 0.9% in 2024, with government fiscal policy expected to underpin household consumption.\nSales of passenger vehicles surged 17% to 319,870 units last month while truck sales rose 9% to 61,931 units and bus and coach were up 17% at 537 units.\nSales of other vehicles including imports increased 1.4% to 15,610 units.</p>"}}}},"pageContext":{"slug":"japan-recovery-continues-in-january"}}}