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The Senkaku-Diaoyu islands dispute between Japan and China hit Japanese car makers hard in...

The Senkaku-Diaoyu islands dispute between Japan and China hit Japanese car makers hard in September, with Mitsubishi's Chinese sales plunging 63% Y/Y and those of Mazda by 35%. Toyota's (TM) sales skidded 40%, the FT reports, adding that the company will cut production in China by over half and suspend Lexus exports. Non-Japanese car makers have been benefiting from the spat.
Comments (1)
  • Little spats grow into big spats.

     

    We'll find out soon that even in the Age of Obama, we still need the 7th Fleet.
    5 Oct 2012, 07:29 AM Reply Like
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