Japanese Auto Sales In China Plummet 30% Due To Ongoing Conflict

Japanese automakers, including Toyota and Nissan, are cutting back production in China after anti-Japan protests that closed dealerships and darkened the sales outlook in the Chinese car market, one of the world’s largest.

Production slowdowns are a normal feature of the auto industry in mature markets like the United States and Japan, where inventories are kept from ballooning, keeping pressure off automakers that would push them into offering discounts, at a cost in profitability.



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HughJass - 9/27/2012 4:42:09 PM

-1 Boost

The winners are Germany and Buick because the Chinese sure as hell aren't going to buy their own cars. If you can't buy foreign, you're a nobody in China.