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Japanese automakers report slashed output in China last month in response to demand which has...

Japanese automakers report slashed output in China last month in response to demand which has tailed off since a territorial dispute stoked anti-Japan sentiment. Toyota (TM) says its production fell in November 38.7% Y/Y to 50,528 units, while Nissan (NSANY.OB) declined 43.3% to 68,090 units. Honda (HMC) - which is a minor player in China - lost close to 60% of sales compared to last year. Despite the bad news in China, the automobile firms have had luck making back the lost sales in other Asian nations.
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