14 November 2018

Japan carmakers turning more optimistic on China, WSJ says

Japanese auto makers are turning increasingly optimistic about their prospects in China amid robust sales growth in the country, the Wall Street Journal reported on Monday. Toyota Motor Corp. expects to sell more than 1.1 million vehicles in China this year, up about 20 percent from 2013, it said. Honda Motor Co. aims to sell more than 900,000 vehicles in China in 2014, after recording 26 percent sales growth last year to 756,882 units. Nissan Motor Co. also sees good prospects going forward after posting a 13 percent rise in sales in China in the first eleven months of 2013 at 1.13 million units, the report said.

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