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Japanese automakers’ China car sales tumble in September By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO – Honda Mortor’s logo is seen at the 37th Bangkok International Motor Show, Bangkok, Thailand on March 22, 2016. REUTERS/Chaiwat Subprasom

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BEIJING, (Reuters) – Japanese carmakers Honda Motor Co Ltd, Nissan (OTC) Motor Co Ltd Toyota Motor (NYSE) Corp’s September sales plunged in China as a result of a chip shortage that hampered car production in China, the biggest market for automobiles.

Honda stated that they sold 121,448 vehicles last month in China, which was down 28% from the previous year due to the COVID-19 epidemic and lack of component parts.

Nissan reported that it sold 104 443 cars. This was 26% less than the previous pandemic and cross-industry shortages.

Toyota reported that it had sold 115,000 vehicles, down 36%

Separately the U.S. automaker General Motors Co. reported that sales in China were down 19% in the period July to September. It does not report quarterly China sales.

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