A long simmering dispute of islands which both Japan and China claim as theirs has risen in temperature in China. There have been anti-Japanese demonstrations in Chinese cities, and on-line calls for boycotts of Japanese goods. Now the row is officially affecting sales of Japanese cars in China, Dong Yang, secretary general of the China Association of Automobile Manufacturers (CAAM), told Reuters today in Beijing.
The CAAM official said that Japanese car sales slowed in August and he believes it was related to a recent political dispute between Japan and China. Last Thursday, Nissan COO Toshiyuki Shiga said that the matter has “some impact” on sales of Japanese car manufacturers due to a difficulty in having the seasonal open air campaigns.
|Sales Foreign Branded Cars China, Jan-Jul 2012|
Contrary to popular belief (in some parts of America,) Japanese are in high demand in China. Nipponese makes are number two on the Chinese sales charts, behind Germany, and followed by America, Korea, and France. The Japanese had been leading for a long time, but were recently eclipsed by the Germans, which continue to grow strongly, The China Association of Automobile Manufacturers reports. Sales of Japanese branded cars were down by 2 percent in August, while sales of German brands rose 26 percent. Profiteering from the dispute between Japan and China, German brands are likely to extend this lead in September.