Japan's younger generation is turning away from car ownership. The automotive industry calls it `kuruma banare", roughly translated as "demotorization".
The Japan Automobile Manufacturers Association predicts auto sales in Japan will fall to 4.86 million in 2009 – the first time below five million in more than three decades. This year, sales are projected at 5.11 million, the worst since 1980.
Could this ever happen in North America? Well, we can dream, can't we?