Toyota opens Tressa indoor shopping mall in Tokyo to woo Japanese buyers for Toyota Cars!
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The new sprawling Tressa indoor shopping mall, in Yokohama, west of Tokyo, developed, built and operated by Toyota Motor Corp has the usual restaurants and stores, even a fitness gym. But it’s the shiny Camry and other Toyota models that take center stage — not only at the dealers but on display in the walkways. The indoor shopping mall has 220 stores and restaurants. Toyota opened the new shopping mall to attract the Japanese youngsters as the usual old ways of selling cars like showrooms and TV ads are no longer working. The youngsters are choosing to spend more on mobile phones and laptops than on cars.
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A study final year by The Nikkei, Japan’s top commerce daily, found that some citizens in their 20s said they didn’t want a car, even whether it were free. Others
Sales of new autos in Japan for the fiscal year starting next month are forecast to drop to a 27-year-low of 5.3 million vehicles, down 0.6 percent from the preceding year, as demand gets battered by soaring gas prices and sluggish wage growth, according to the Japan Automobile Manufacturers organization. Other factors, including Japan’s declining population, expensive parking, are behind the falling sales. Japan has excellent public transportation; including trains and subways, and so many feel they don’t need a car.























