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Newsletter : Japan's new car sales in China plunge in November

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Newsletter : Japan's new car sales in China plunge in November

Newsletter : Japan's new car sales in China plunge in November

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       Toyota Motor Corp. on Monday said its new car sales in China fell 22.1 percent in November from a year earlier to 63,800, recovering from a 44.1 percent fall in

October. While separately, Mazda motor Corp. reported its new car sales in China dropped 29.7 percent in November on year to 12,187, improving from a 45

percent fall the previous month. As of November, Toyota's sales in China this year dropped 3.3 percent from the same period last year to 749,600, making it almost

impossible for the company to achieve its original target of selling 1 million cars in China this year. Toyota's car sales plunged 48.9 percent in September, the

biggest fall since January, in the same month when ties between China and Japan began to sour over the territorial dispute. Although Japanese automakers

resumed sales campaigns in China, the world's largest auto market, around mid-October as anti-Japan sentiments showed signs of subsiding, the sales remained

unsatisfactory, Japanese media reported. Toyota, Mazda and other Japanese automakers said at an international motor show in Guangzhou in southern China on

Nov. 22 that despite risk factors at automakers' plants and sales outlets, they still see China as one of their most important markets, according to report.