Be Forward and Choshudejima Stock Yard (reference image)

Be Forward posts best October record of 4.43998 billion yen for used car export sales

Be Forward, a used car exporter, announced that their October 2015 sales estimate increased 16.9% to 4.43998 billion yen compared to last year, making it their best October record.

The export sales of October are expected to increase 4.4% year-on-year to 11,968 units. The export sales of November are expected to increase 8.7% to 11,000 units.

The 2015 July to September quarter sales increased 6.8% year-on-year to 12.46694 billion yen, and export sales are expected to be down 8.4% to 33,489 units. As of October this year, there has been a significant sales slump in some countries in Africa because of the impact of the depreciation of emerging countries’ national currencies against dollar, such as the Zambian Kwacha that declined 45% at the beginning of the year; but strong sales in some regions, such as the Caribbean countries, have compensated for this. Export sales from October to December are expected to return to the usual average.

(Translated by Kimberlee Estampa)