Tuesday, October 9, 2012

Japanese companies to cut car production in China by 50%

Japanese companies to cut car production in China by 50%

Automotive News reports Japanese manufacturers are set to cut production in China by half. Toyota, Nissan and Honda have seen sales fall off by steep margins in the People's Republic after a territorial dispute between Japan and China resulted in anti-Japanese protests. Sales of Japanese goods have declined amid calls for boycotts all over China. As a result, Nissan is currently planning to halt the night shift at its two Chinese facilities. Toyota and Honda, meanwhile, will reduce production by cutting back work hours and slowing production lines.

Autoblog , Japanese companies to cut car production in China by 50%, Japanese companies to cut car production in China by 50%

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