China: Japanese automakers show mixed results in November image

The first and second-largest Japanese automakers showed mixed sales results last month in the world’s biggest auto market, with Toyota up 2.9% and Nissan down 11.8%.

Back in November, the Japanese carmaker Toyota and its two local joint ventures delivered around 92,300 vehicles in China – rising 2.9% year-over-year. The automaker is riding a positive wave this year after the drop accounted from the latest flair of Japanese anti-sentiment. The November figure comes after the 27.1% sales jump in October and a very close 26.1% rise in September. During the eleven months that have passed this year, the world’s largest automaker has delivered on the Chinese market around 907,400 units, climbing 12.2% from the same period of 2013. Toyota seeks to end the year with sales of about 1.1 million vehicles, passing the one million mark for the first time on the Chinese market.

On the other hand, the second-biggest Japanese carmaker, Nissan Motor Co, continues to struggle on the Chinese market, and with its Chinese partner – Dongfeng Motor Group Co Ltd – only managed sales of around 116,200 vehicles. The 11.8% dip from November follows a 9% slide in October and a steeper 20% fall in September. Fortunately, the overall delivery tally for the 11 months that have passed is still positive – with a 1.7% rise to 1.1 million units.

Via Reuters