TOKYO -- Bankruptcies of used car dealerships in Japan are increasing despite strong demand due to higher inflation, as a weak yen benefits foreign dealers buying automobiles at auction.
Automobiles
Japan used car dealers suffer as weak yen benefits foreign rivals
Bankruptcies in sector rise despite strong demand from inflation-weary consumers
Used Japanese cars have strong demand overseas, as they are generally kept in good condition. (Photo by Sota Tanaka)
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