TOKYO — Japan's automobile sales fall 13%, a 12-year-low, in the 1997-98 fiscal year that ended March 31. Sales of new cars, trucks and buses numbered 4.2 million, as measured by registrations, the Japan Automobile Dealers Assn. says. Auto sales fell 15% to 4.8 million in the 1996-97 fiscal year. The slump is blamed on lack of consumer confidence, which industry observers believe will rebound this year based on a rallying stock market and the fact that Japanese automakers are turning out ...
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