Japan's illegal "purchase" of the Diaoyu Islands hurts Sino-Japanese tie, and hinders Japanese automakers' sales in China.
Japanese automakers have started to see their sales in China rebound after Japan's illegal "purchase" of the Diaoyu Islands caused sales to decline.
Applause erupted several times from the audience during comments from the head of Toyota's China operations at a press conference for the Guangzhou motor show on Nov 22.
Nissan Motor Co on Tuesday revised down its earnings forecast for fiscal 2012 amid declining sales in China in the wake of territorial dispute with China.
Toyota Motor Corp said on Thursday that its sales in China continued the decline in October as anti-Japanese-product anger at Japan’s illegal “purchase” of China’s Diaoyu Islands remained strong.
Honda slashed its net profit forecast for the fiscal year 2012 by 20 percent due to estimated sales decline in China.
Japanese auto giant Toyota has suspended part of its production at its Tianjin plant due to dampening sales in China, the company announced Wednesday.
Toyota has denied media reports that it will withdraw from the Chinese market and shut down production facilities in the country.
China has decided to initiate a new exporter review on anti-dumping and anti-subsidy measures imposed on autos made by Nissan North America, Inc.
Lexus China denied that it has stopped importing cars, and said that some popular models, such as the ES300h, are still being imported.
Japanese automaker Toyota Motor Corp plans to temporarily halt production at its major joint venture plant in Tianjin, according to Japanese media reports on Tuesday.
Chinese businessman and philanthropist Chen Guangbiao speaks during a ceremony offering 43 new cars to people whose Japanese-brand cars were damaged during anti-Japan protests, in Nanjing, Oct 10, 2012.
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