Japanese automakers’ first quarter sales results in China, show that they still have a long way to recover from last year’s loss due to the territorial dispute.
Mazda reported sales in China down 21.5% during the first quarter, after the company said in November that it plans to get back on the track in the Chinese market by the end of March. These results show that the Japanese automakers still have a long road ahead until they will see sales getting back to normal in the world’s largest auto market. Nissan said its sales were down 15.1% in the first quarter, Toyota fell 12.7% and Honda dropped 5.2%.
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