Japanese Cars Continue To Suffer In China

Sales of Japanese car in the world's largest car market, China, continue to be impacted by the war of words (and occasionally sledge hammers) over uninhabited rocks in the East China sea.  Sales are inching up a bit after customers dare to come back to the showrooms of Japanese brands. Sales Of Japanese Carmakers In China December Full Year 2012, Units YoY Toyota -15.9% 840,500 -4.9% Nissan -24.0% 1,181,500 -5.3% Honda -19.2% 598,577 -3.1% Data: Companies via Reuters, Nikkei This is the way it looks in December. Sales are still down by the double digits for the month. Sales are down only slightly for the year, but this is because the trouble started in September, and before that, sales were good.  The next months likely will look similar, with a slight uptrend.  It will be a while until Japanese carmakers have regained trust and market share in China. Data as reported by Reuters and The Nikkei. In Japan, the numbers will look different. Japan is on a fiscal year, which goes from April through March. The current fiscal will be impacted by seven months of slow sales in China. from The Truth About Cars http://www.thetruthaboutcars.com

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