According to a July 2nd article in Bloomberg.com, Toyota vehicle sales fell in the first half of the year to the lowest mark since 1975.
The reason for the decrease in car sales in Japan is attributed to the fact that the birth rate in the country is decreasing. This means that there is a smaller number of youth in the population that is buying cars.
According to the country's health ministry, Japan's workforce could shrink as much as 50% in 2050 and this will further fuel vehicle sales to decrease says most experts.
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