Nikkei: popularity of fuel-efficient vehicles lowering demand for gasoline in Japan
Green Car Congress
JULY 7, 2012
Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A shakeout in the gas station industry is expected as next-generation green cars, including electric and fuel-cell vehicles, become more popular.
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