Benchmark
Japanese Drivers Say 'No, Thanks' to Cheaper Gas
Hybrids, electric vehicles and tiny cars limit demand.
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Unlike Americans, who are using the windfall of lower gasoline prices to buy bigger cars and drive more, the Japanese are buying less, even with the price at the pump down by a third from a peak in 2014.
Households spent an average 13,350 yen ($119) less on gas in 2015 compared to the previous year, due to lower consumption and falling prices.