Japanese car industry

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Official statistics have shown that the United States car sales rose 13.4% in 2012 which makes it the best year for the industry since 2007. Analysts have also mentioned that the total sales across the Japanese industry has ended up at 14.5 million. As a matter if fact, economists have said that the Japanese car companies are enjoying a quick recovery from supply chain disruption in 2011. Higher US sales in 2012 were driven by the recovering economy and increased availability of credit. Volkswagen saw the biggest jump in sales, an increase of 35% while Toyota Motor sales rose 27% while Honda posted a 24% increase. The Chevrolet Sonic quickly became the best-selling subcompact in the United Stated in 2012 with 81, 247 sales. The latest version of the Honda CR-V set an annual sales record of 281,652 while the Toyota Prius jumped 73% to 236,659 thanks to new wagon, subcompact and plug-in versions...