Cars
Japanese Automakers May Slash China Production in Half as Sales Plunge Amid Islands Row
Tumbling sales can be attributed to many factors. Japanese carmakers, though, just can’t seem to get a break as since last year, they have seen their production hurt by an earthquake and a tsunami, a nuclear reactor malfunction and now, a political crisis. As we have already reported, the dispute between the two countries over the ownership of a group of East China Sea islands has resulted in escalating protests, boycotts and even violence against anything Japanese, from restaurants to automobiles in China.
Following these events, Toyota and Nissan announced that last month they recorded their biggest sales drop in China since 2008. In September, Toyota, Nissan and Honda sales fell by 49, 35 and 41 percent respectively, to 44,100, 76,066 and 33,931 units.
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Toyota To Launch Two New Car Brands In China Next Year, While Nissan Will Release Venucia Ev
Japanese carmakers are having a hard time in China this year after local consumers shunned their products due to a territorial dispute over a group of islands known as Senkaku in Japanese and Diaoyu in Chinese, but they're making plans to regain...
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Japanese Automakers Shut Down Their Chinese Plants As Protests Get More Violent [w/video]
The Anti-Japan protests that have been raging in China for months due to a territorial dispute over some uninhabited islands reached critical mass today, September 18, a date which coincides with the 1931 Japanese invasion of mainland China. In its latest...
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Toyota And Panasonic's Chinese Facilities Damaged After Anti-japanese Riots Become More Violent
The consequences of a territorial dispute over a group of islands in the East China Sea seem to become more serious as anti-Japanese sentiments grow stronger in China. On Sunday, Japanese Prime Minister Yoshihiko Noda demanded that the Chinese government...
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Toyota Sales Plunge More Than 33% In May, Chrysler Group Up By 10%
The numbers for U.S. auto sales for the month of May are out and as expected, Japanese automakers continue to be hit hard by the ongoing production disruptions caused by the March 11 earthquake, tsunami and nuclear disaster in their home market. As a...
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China's Top Sales Tandems
Shanghai Auto continues its dominance in the Chinese marketplace - with the help of two massive outsiders. Shanghai GM ("importers" must participate in joint ventures to gain permission to sell and build in China) tops the list of China's top ten...
Cars