According to Used Car, Inc., a specialist used car data center, the number of consigned vehicles at auto auctions across Japan increased by 10.5% to 617,796 units.

This is the first double-digit increase on the year in 14 months since November 2005.

The number of sold vehicles against total consigned vehicles also rose by 7.5% year-on-year to 333,167 units.

The auto auction industry has made a brisk start this year.

The data for auto auctions is collected and edited by Used Car, Inc. based on total 121 auto auction sites across Japan, which include 48 specialist auctioneers, 31 carmakers affiliated auctioneers, & 42 regional group auctioneers (JU Group).

For more detail about Auction in Japan, please visit : http://www.japanautopages.com/useful_resources/

This entry was posted on Wednesday, May 30th, 2007 at 7:05 am and is filed under Auctions, Worldwide, Japan. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.