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Japanese carmakers’ Chinese sales tumble in October -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Honda’s Modulo logo is seen in its Tokyo headquarters, Japan on February 19, 2019. REUTERS/Kim Kyung-hoon

BEIJING (Reuters) – Japanese carmakers Honda Motor Co., Nissan (OTC) Motor Co. Toyota Motor (NYSE) Corp saw its sales fall in China in October after a shortage in microchips hampered production of vehicles in China’s largest market.

Honda claimed that they sold 148,377 Chinese vehicles last month. That is an 18% decrease from the previous year, while Nissan reported it had sold 113,876 cars. That is 22% less.

Toyota claimed that 142,000 cars were sold in China by Toyota last month. That’s a decline of 19%.

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