real-time news and commentary for investors
Tuesday, Oct 9
2012, 7:24 AM
The territorial dispute between China and Japan that sparked anti-Japan sentiment in China...
The territorial dispute between China and Japan that sparked anti-Japan sentiment in China (previous) doesn't look like a short-term blip to auto sales, according to analysts. A new study from JPMorgan predicts auto exports to China from Japanese automakers such as Toyota (TM), Honda (HMC), Nissan (NSANY.OB) will crash 70% during Q4 and could stay low through 2013. Waiting in the wings: The flareup occurs with General Motors (GM) just coming off a record month in the nation and ramping up production plans.