Japanese car sales in China soar 72% in Nov: Report
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Japanese car sales in China soar 72% in Nov: Report

Last Updated: Wednesday, December 12, 2012, 19:33
 
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Japanese car sales in China soar 72% in Nov: Report
Tokyo: Sales of Japanese passenger car in China have increased 72.2 percent in November after demand slumped amid the Senkaku territorial dispute, according to a report.

The China Association of Automobile Manufacturers said that month-on-month rise came after falls of 29.5 percent in September and 38.2 percent in October.

Despite the improvement, Japanese sales were still down 36.1 percent from November 2011 levels, it said.

“Compared with October, sales of Japanese passenger cars started to have clear increase last month,” it said in a statement.

According to the Japan Times, the industry group said that overall vehicle sales in China rose 8.2 percent year on year in November to around 1.79 million units, a sharp increase in momentum.

The bitter dispute flared in mid-September after Japan nationalized the Senkaku Islands, which are claimed by China.

This sparked off huge protests across China and calls for boycotts of Japanese products.

The row has affected Japanese automakers operating in China and helped boost demand for other foreign brands, the report said.

ANI



First Published: Wednesday, December 12, 2012, 19:33


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