Toyota (TM), Honda (HMC), and Nissan (NSANY.OB) will miss their 2012 Chinese sales goals, claims...

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

Toyota (TM), Honda (HMC), and Nissan (NSANY.OB) will miss their 2012 Chinese sales goals, claims the Nikkei. The paper adds Toyota and Nissan are expected to lower their 2012 estimates to ~800K from 1M, and that Honda will fall short of its 750K target by 100K. Auto sales haven't been spared by China's growth slowdown, though Japanese automakers have also been hurt by a rise in anti-Japanese sentiment. (earlier)