Monday, October 8, 2012

Japan carmakers to halve China production:Nikkei





Japan’s Toyota Motor Corp, Nissan Motor Co and Honda Motor Co plan to slash production in China by roughly half, the Nikkei newspaper reported on Monday, as a territorial row between Asia’s two largest economies cuts sales of Japanese cars in the world’s biggest auto market.


Sales have plunged at Japanese car makers since violent protests and calls for boycotts of Japanese products broke out across China in mid-September over the Japanese government’s purchase of a group of disputed islands in the East China Sea from their private owner.









via Business feed http://www.scmp.com/business/companies/article/1056341/japan-carmakers-halve-china-productionnikkei

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