Tumbling sales can be attributed to many factors. Japanese carmakers, though, just can’t seem to get a break as since last year, they have seen their production hurt by an earthquake and a tsunami, a nuclear reactor malfunction and now, a political crisis.
As we have already reported, the dispute between the two countries over the ownership of a group of East China Sea islands has resulted in escalating protests, boycotts and even violence against anything Japanese, from restaurants to automobiles in China.
Following these events, Toyota and Nissan announced that last month they recorded their biggest sales drop in China since 2008. In September, Toyota, Nissan and Honda sales fell by 49, 35 and 41 percent respectively, to 44,100, 76,066 and 33,931 units.Read more »