Toyota (TM) and Nissan (NSANY.OB) are cutting production in China due to a decline in demand...

|About: Toyota Motor Corporation (TM)|By:, SA News Editor

Toyota (TM) and Nissan (NSANY.OB) are cutting production in China due to a decline in demand that comes amid simmering tensions between Japan and China over a territorial dispute. Toyota and its Lexus brand are adjusting production down while Nissan's Chinese joint venture will stop making passenger vehicles through Oct. 7. Just another effect of the skirmish, one strategist says: "The market could be stuck with this for months to come."