{"id":53848,"date":"2012-10-09T08:23:04","date_gmt":"2012-10-09T08:23:04","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/japan-car-sales-in-china-tumble-hit-by-islands-row.php"},"modified":"2012-10-09T08:23:04","modified_gmt":"2012-10-09T08:23:04","slug":"japan-car-sales-in-china-tumble-hit-by-islands-row","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/islands\/japan-car-sales-in-china-tumble-hit-by-islands-row.php","title":{"rendered":"Japan car sales in China tumble, hit by islands row"},"content":{"rendered":"<p><p>    By Fang Yan and Yoko Kubota  <\/p>\n<p>    BEIJING\/TOKYO (Reuters) - Japanese car makers reported tumbling    sales in China for September - with Toyota's almost halving -    confirming the impact of a territorial row between the two    countries and raising concerns about their future in the    world's biggest auto market.  <\/p>\n<p>    Violent protests and calls for boycotts of Japanese products    broke out across China in mid-September after Japan    nationalized two of the East China Sea islands, known as the    Diaoyu in Chinese and the Senkaku in Japanese, by purchasing    then from their private owners.  <\/p>\n<p>    Toyota Motor Corp <7203.T> said on Tuesday that sales in    China fell 48.9 percent in September from a year earlier, while    Honda Motor Co <7267.T> reported a 40.5 percent slide in    its sales there.  <\/p>\n<p>    Nissan Motor Co's <7201.T> China auto sales, including    imports, fell 35.3 percent in September from a year earlier,    according to its China venture partner Dongfeng Motor Group Co    <0489.HK>. Suzuki Motor Corp <7269.T> said    shipments to dealerships in China fell 42.5 percent last month    from a year earlier.  <\/p>\n<p>    \"Inventories are growing, factories are operating less, and    retail is not going well at all,\" said Koji Endo, a senior    analyst at Advanced Research Japan.  <\/p>\n<p>    \"It'll be the German and South Korean makers that will take    over share from the Japanese brands when Japanese cars sell    less. I don't see a single factor that is positive (for the    Japanese brands).\"  <\/p>\n<p>    While the street protests have eased, China has sent its patrol    ships into what Japan considers its territorial waters near the    islands in recent weeks, prompting Tokyo to lodge protests    against Beijing.  <\/p>\n<p>    Analysts say that sales for Japanese car makers, which together    had just over a fifth of the Chinese auto market before the    protests, could continue to weaken as long as the diplomatic    tension remains.  <\/p>\n<p>    \"We had cut our 2012 sales forecast of Japanese cars by    100,000, but it seems to be way too conservative now,\" said    John Zeng, Asia Pacific director for industry consultancy LMC    Automotive. \"We had previously expected them to sell 3.04    million, but it will be great if they could move 3 million.\"  <\/p>\n<\/p>\n<p>View post:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/finance.yahoo.com\/news\/japan-car-sales-china-tumble-063539474.html;_ylt=A2KJ3CbR3nNQ3joAY6T_wgt.\" title=\"Japan car sales in China tumble, hit by islands row\">Japan car sales in China tumble, hit by islands row<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> By Fang Yan and Yoko Kubota BEIJING\/TOKYO (Reuters) - Japanese car makers reported tumbling sales in China for September - with Toyota's almost halving - confirming the impact of a territorial row between the two countries and raising concerns about their future in the world's biggest auto market.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/islands\/japan-car-sales-in-china-tumble-hit-by-islands-row.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[38],"tags":[],"class_list":["post-53848","post","type-post","status-publish","format-standard","hentry","category-islands"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/53848"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=53848"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/53848\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=53848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=53848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=53848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}