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Friday, July 5, 2013

Island Issue Still Keeping Japan’s China Sales In Check


Japanese carmakers are not out of the woods yet in China, and might be in the thick of things again if matters flare up. The other day, 30 right wing Japanese activists had to be kept away by Japanese Coast Guard, while the US and Japan held war games in preparations for a possible Chinese invasion of the Senkaku/Diaoyu Islands.
  • Toyota said sold 76,900 vehicles last month in China, up 9 percent.
  • Nissan’s China sales dropped 7.7 percent in June to 101,400 units.
  • Honda’s sales slid 5.6 percent to 61,003 units.
According to The Nikkei [sub], Japanese auto makers held a 14.5% share in the January-May period,, down from 16.4 percent share in 2012 and 19.4 percent in 2011.

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