Tokyo : Japan’s domestic sales of new vehicles plummeted to 3,212,342 units in 2008, the lowest level since 1974, as spending was restricted by worsening economic conditions amid global financial meltdown, official said on Monday.

The sales have been on decrease for five years in a row, down by 6.5 per cent in 2008 on a year-on-year basis, the Japan Automobile Dealers Association said.

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