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Consolidated domestic and overseas automobile sales for the fiscal year ending March 2012 is projected to fall by 16.1 thousand units year on year to total 64.9 thousand units.
Domestic passenger car sales are expected to jump 6 thousand units to reach 74.1 thousand units. The increase will be driven by the all new Impreza which was released in December last year. Domestic minicar sales will rise by 3 thousand units to 92.9 thousand units since we expect to see demand for the Sambar increase due to the model's discontinuation. These figures combined will bring domestic automobile sales up 8.9 thousand units to total 167 thousand units.
Overseas sales, on the other hand, are expected to be lower than they were last year since the earthquake put a major dent in exports during the first half of the fiscal year. We do, however, expect to see sales pick up in the U.S. and some other markets thanks to the new Impreza as well as recovery in production during the second half of this fiscal year. Overall, sales are expected to fall 25 thousand units before totaling out at 473.9 thousand units.