Ferrari, Lamborghini and Other Supercar Sales Boom in Japan

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Ferraris, Lamborghinis and other supercars are seeing an unprecedented sales boom in Japan.

New registrations of automobiles costing more than ¥20 million ($136,000) rose 64% to 5,462 vehicles this year through October compared with the same period a year earlier, when registrations also jumped 75%, data from the Japan Automobile Importers Association show.

Despite those gains, total sales of imported cars fell 11% to 193,026 units in the period.

The number of company executives with compensation of more than ¥100 million rose 22% to 663 people during the fiscal year through March, according to the firm.

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