23 February 2019

Japan carmakers post mixed March results in China, report says

Japanese carmakers reported mixed results in China for March, with sales down at Honda Motor Co. Ltd. while Nissan Motor Co. Ltd. and Toyota Motor Corp. reaped revenue gains in the world’s largest car market, Tencent Finance news website reported Thursday, citing data from the companies. Nissan saw sales for the period up 26 percent from a year earlier, compared with an 18 percent growth in the previous two months. Toyota posted a 19 percent increase in sales last month and a 26 percent growth in the first two months, while Honda sales were down 2 percent in the period, after increasing 31 percent in the first two months, the report said.

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