In October, GM and Ford reported increased sales in China, due to the anti-Japan protests.
GM sold last month 251, 812 cars and minivans in China, up 14% compared with the same period last month, while Ford sold 60,518 vehicles, an increase of 48% compared with October 2011. All overseas automaker have benefited the past two months from the anti-Japan protests which behan in mid-September after Japan purchased the group of disputed islands fueling the tension between the two nations.
“The influence on consumer mentality here could be long- lasting,” said Lin Huaibin, a Shanghai-based analyst at IHS Automotive. “This is bad news for the Japanese OEMs and very good news for the Germans and Americans.”
Toyota’s sales in China fell 44% in October, after a 49% decrease in September. Honda and Nissan also reported decreased sales last month, even the protests ceased. In contrast, Buick’s sales were up 7.7% to 60,510 units, Cadillac saw an increase of 20% to 2,491 units, while Wuling brand sales rose 17% to 118,788 units. Ford reported it sold 33,614 Focus compact and announced it will introduce in China two new SUVs, the Kuga and the EcoSport, in the following months.