TOKYO (AP) -- Japan's three biggest automakers — Toyota, Nissan and Honda — say their vehicle sales in China fell last year amid a territorial dispute that prompted Chinese consumers to boycott Japanese products.
Toyota Motor Corp. said its sales in China fell 4.9 percent in 2012 to 840,500 vehicles, the first annual decline since at least 2001. Nissan Motor Co.'s sales dropped 5.3 percent to 1,181,500 vehicles, the first decline since it set up a joint venture with a local partner in 2003.
Honda Motor Co.'s sales in China fell 3.1 percent to 598,576 vehicles, the second consecutive decline.
The Japanese government's decision in September to buy a cluster of disputed islands in the East China Sea from their private Japanese owners set off protests and boycotts in China.
Some Chinese still hate Japan, but they hate driving a bad car even more. Lots of nice cars driving around in China now. VW and Audi are taking names. Wuling sells a lot but GM will probably lose a chunk of whatever market share they have over the next few yrs.
Sure web, Toyota sold 860,000 in China GM sold almost 3 Million. Remember they just said their China sales will grow by 7% in 2013 hold them to that number. Try to get Toyota to admitt to anything. You can trust them, not me.r
In late December, Toyota announced it had reached a preliminary settlement in the U.S. to compensate owners for the loss of value to their recalled cars. (Lawsuits claiming injury or death related to the sudden-acceleration problem are separate, and will begin litigation in the coming months.) Toyota announced it plans to take a $1.1 billion one-time charge against earnings to cover the settlement costs.
You just can't stop with the spin can you? webbie can you disclose the reason for your unending hatred of GM? Disgruntled former employee? You got to help me with this one. Or are you mallen in disguise? If that is the case, no further questions. Bowties for YOU!!