Japanese car sales drop in China – BusinessToday

Clipped from: https://www.businesstoday.in/auto/story/japanese-car-sales-drop-in-china-311438-2021-11-05

Japanese carmakers’ like Honda Motor Co, Nissan Motor Co and Toyota Motor Corp face sales drop in China.

Microchip shortage hits Japanese car sales in China (Photo: Reuters)

Japanese automakers Honda Motor Co, Nissan Motor Co and Toyota Motor Corp’s sales in China tumbled again in October as a microchip shortage hit vehicle production in the world’s biggest car market.
Honda said it sold 148,377 vehicles in China last month, down 18% from a year earlier, while Nissan said it sold 113,876 cars, down 22%.
Toyota said it sold 142,000 cars in China last month, down 19%.