Tuesday, October 9, 2012

Japan car sales in China tumble, hit by islands row





Japanese car makers reported tumbling sales in China for September, confirming the impact of a territorial row between the two countries and raising concerns that their market share in the world’s biggest auto market will continue to shrink.


A Toyota Motor Corp spokesman said on Tuesday that sales in China fell 48.9 per cent in September from a year earlier, while Honda Motor Co reported its sales in China fell 40.5 per cent.









via Business feed http://www.scmp.com/business/companies/article/1056975/japan-car-sales-china-tumble-hit-islands-row

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