General Motors and Volkswagen may benefit from anti-Japan protests in China
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General Motors and Volkswagen may benefit from anti-Japan protests in China
Filed under: China, Japan, Buick, Cadillac, Chevrolet, GM, Honda, Nissan, Toyota, Volkswagen
The unrest in China may have positive consequences for automakers like Volkswagen and General Motors, according to Automotive News. As protesters continue their streak of violence, many owners of Japanese vehicles are leaving them home for fear of damage. Protesters have vandalized Japanese businesses and those that sell Japanese goods, including car dealerships, as well personal property. Reports indicate some owners are swapping their Toyota badges for those of Chinese automaker BYD in hopes of fooling vandalism-minded mobs.
Nissan, Toyota and Honda have all reported attacks on their dealerships, and China's Passenger Car Association has predicted Japanese automakers may lose their market lead to those based in the U.S. and Germany. General Motors sold a total of 1.84 million vehicles in China under a total of three brand names, while Volkswagen moved 1.49 million units this year. By comparison, Nissan has sold just 485,000 vehicles.
The protests mark the 81st anniversary of the Manchurian Incident, which saw Japanese forces invade China.General Motors and Volkswagen may benefit from anti-Japan protests in China originally appeared on Autoblog on Fri, 21 Sep 2012 11:01:00 EST. Please see our terms for use of feeds.
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The unrest in China may have positive consequences for automakers like Volkswagen and General Motors, according to Automotive News. As protesters continue their streak of violence, many owners of Japanese vehicles are leaving them home for fear of damage. Protesters have vandalized Japanese businesses and those that sell Japanese goods, including car dealerships, as well personal property. Reports indicate some owners are swapping their Toyota badges for those of Chinese automaker BYD in hopes of fooling vandalism-minded mobs.
Nissan, Toyota and Honda have all reported attacks on their dealerships, and China's Passenger Car Association has predicted Japanese automakers may lose their market lead to those based in the U.S. and Germany. General Motors sold a total of 1.84 million vehicles in China under a total of three brand names, while Volkswagen moved 1.49 million units this year. By comparison, Nissan has sold just 485,000 vehicles.
The protests mark the 81st anniversary of the Manchurian Incident, which saw Japanese forces invade China.General Motors and Volkswagen may benefit from anti-Japan protests in China originally appeared on Autoblog on Fri, 21 Sep 2012 11:01:00 EST. Please see our terms for use of feeds.
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Car, Chevy and Ford have all revealed hits on their dealerships, and China's Guest Car Company has predicted Japoneses individuals people car producers may reduce their market cause to those based in the U.S. and Malaysia. Common Google marketed a complete of 1.84 thousand automobiles in Chinese suppliers suppliers providers under a complete of three well known producers, while Nova shifted 1.49 thousand designs this year. By evaluation, Car has marketed just 485,000 automobiles.
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