Search: Look for:   Last 1 Month   Last 6 Months   All time

Toyota sales improve in China following waning 'island spat' with Japan

Washington , Tue, 04 Dec 2012 ANI

Washington, Dec. 4 (ANI): Japanese automobile firm Toyota Motor Corp. has said that new car sales in China has dropped to a softer 22.1 percent to 63,800 units in November, indicating the fallout from the anti-Japanese protests in China this summer has begun to wane, according to a report.

In October, Toyota's sales sank 44.1 percent from the previous year, while separately, Mazda Motor Corp. reported new car sales in the country fell 29.7 percent in November on year to 12,187, improving from a 45.0 percent fall the previous month, The Japan Times reports.

According to the report, from January to November, Toyota's sales in China slid 3.3 percent from the same period last year to 749,600, making it unlikely the company will achieve its target of selling 1 million cars in China this year.

Sales plunged 48.9 percent in September after the Japanese government purchased some of the Senkaku Islands from a private Japanese owner the same month, sparking extensive demonstrations across China, the report said.

The islets in the East China Sea are administered by Japan but also claimed by China as Diaoyu and Taiwan as Tiayutai, it added.

However, Japanese automakers resumed sales campaigns in China, the world's largest auto market, around mid-October as the hostilities showed signs of subsiding, the report concluded. (ANI)


LATEST IMAGES
CEO, General Motors calling on the PM Modi
Senior General Min Aung Hlaing calling on the PM Modi
Shri Pranab Mukherjee lighting the lamp to inaugurate the Centenary Celebrations
Lead actor, Bahubali, calling on the Prime Minister Modi
Manohar Parrikar accompanied by the Chief of Army Staff at Amar Jawan Jyoti
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.