Share of foreign-brand car sales in Japan hits record 9.1% in FY 2017

Sales of foreign-brand new vehicles in Japan rose 1.7 percent to 303,920 units in fiscal 2017, accounting for a record-high 9.1 percent of the country's new car sales excluding minicars, an industry body said Thursday.While sales of foreign-brand vehicles have been solid in the past few years, the fall in Japan's new car sales last fiscal year due to an inspection scandal at major Japanese automakers helped push the ratio up, the Japan Automobile Importers Association said.Sales of foreign-brand vehicles in fiscal 2017 rose for the third consecutive year to reach the second-highest level fo…READ FULL ARTICLE