In the zero-sum game of auto sales, General Motors (GM +1.5%) and German automakers such as BMW (BAMXY.PK) and Volkswagen (VLKAY.PK) could benefit from the wave of anti-Japan protests across China, while Honda (HMC +1.9%), Toyota (TM +1.0%), and Nissan (NSANY.OB) suffer a loss of market share. The trio of Japanese automakers already reported attacks on dealerships and have cut production in the region.
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