Japan will see modest economic growth this year, while domestic sales of passenger cars and commercial vehicles will slip 1.2% to 5.32 million units, the Japan Automobile Manufacturers Assn. forecasts. Vehicle deliveries in 2007 totaled 5.38 million units, a 6.2% decline from prior-year. JAMA says surging oil prices will boost overall prices and a sustained decline in the demand for replacement vehicles that comply with stiffer emissions rules will be only marginally offset by a modest ...
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