Luxury Car Sales Rise in Japan

Luxury Car Sales Rise in Japan

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses the bifurcated market in Japan, highlighting the impact of new dealership openings by premium brands like BMW and Rolls Royce. Despite a weak economy, Japan remains a significant market for luxury cars due to its wealthy population. The video also examines the effects of Abenomics and a sales tax increase on consumer behavior, noting a decline in mini car sales but resilience in luxury car sales.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the bifurcated market in luxury cars?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do ultra high net worth individuals play in the luxury car market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Abenomics affected the sales of luxury cars in Japan?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What demographic is primarily purchasing mini cars in Japan?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current trend in the sales of luxury items compared to mini cars?

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