Thursday, May 12, 2011

April - Toyota China Sales down 23/5%

New vehicle sales by Toyota Motor Corp. and Honda Motor Co. in China in April tumbled 23.5 percent and 22 percent from a year earlier to 48,700 units and 43,000 units, respectively, their local subsidiaries said Friday.


The sales declines came after the Japanese automakers reduced production in the local market due to difficulty procuring auto parts from Japan in the wake of the March 11 earthquake and tsunami that devastated the country's northeast.
Both companies are scrambling to bring their production back to pre-quake levels, but it remains unclear when the supply disruption will recede to enable them to regain their footholds in China, the world's largest auto market.
Among other Japanese automakers, Nissan Motor Co.'s new vehicle sales in China rose 5 percent to 95,000 units in April but sales of passenger cars fell 1.8 percent to 55,700 units, according to its local subsidiary.

http://mdn.mainichi.jp/mdnnews/business/news/20110507p2g00m0bu068000c.html

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