Mitsubishi Motors, Mazda report China sales plunge

Mitsubishi Motors, Mazda report plunge in China auto sales for September

RELATED QUOTES

SymbolPriceChange
MSBHY39.66
MZDAF4.30
TM127.84

TOKYO (AP) -- Mitsubishi Motor and Mazda have reported a plunge in China auto sales for September when tensions between Japan and China escalated into anti-Japanese riots.

Mitsubishi Motors Corp. said Friday its China sales dived 63 percent to 2,340 vehicles in September from 6,307 a year earlier. Mazda Motor Corp. said its sales in China sank 36 percent to 13,258 vehicles for the month.

Japanese media reports said Toyota had also suffered a sales plunge in China. But the world's biggest car maker would not confirm that. It said it would release September sales figures on Tuesday as planned.

Japan and China have been at odds over the sovereignty of a group of tiny islands in the East China Sea.

Tensions boiled over last month with anti-Japanese protests and riots sweeping dozens of Chinese cities.

Mazda said it was difficult to measure how much of its September sales decline was due to the row between Tokyo and Beijing.

It said some of its dealerships were damaged during the riots. In August, Mazda's China sales were down 5.5 percent from a year earlier to 16,539 vehicles.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    Should Chinese companies be rebuilding America's infrastructure?

    Loading...
    Poll Choice Options