Friday, October 5, 2012

Hyundai Sales Up In China As Japanese OEMs Tank

Sales of Japanese cars are getting hammered in China, and Hyundai is one of the chief beneficiaries of their collapse.

According to Reuters, Hyundai sales were up 15 percent last month, while Japanese auto makers saw their market share wither away in the midst of a land dispute between China and Japan. A wave of anti-Japanese sentiment in China has led Japanese car makers to scale back production right as Hyundai's new Chinese factory comes online.



from The Truth About Cars http://www.thetruthaboutcars.com




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