Japan’s ¥15.4 trillion ($161 billion) plan to stimulate the sagging economy and boost sickly car sales couldn’t be more welcome by the domestic auto makers. Itemized in the government’s stimulus budget announced in April are incentives packages worth ¥370 billion ($3.8 billion) specifically designed to kick-start vehicle sales in two ways: encouraging consumers to scrap old cars and to buy eco-friendly vehicles. Those replacing a vehicle 13 years or older with a more fuel-efficient model ...
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