reports Japanese manufacturers are set to cut production in China
by half. Toyota
have seen sales fall off by steep margins in the People's Republic after a territorial dispute between Japan and China resulted in anti-Japanese protests. Sales of Japanese goods have declined amid calls for boycotts all over China. As a result, Nissan
is currently planning to halt the night shift at its two Chinese facilities. Toyota
, meanwhile, will reduce production by cutting back work hours and slowing production lines. The news comes courtesy of a report in the Nikkei
newspaper, but has not been confirmed by the manufacturers themselves.
There's no indication as to how long the cut in production will last.
As Automotive News
points out, Japanese manufacturers were already scaling back production to meet demand before the protests broke out. The Chinese economy is currently in its slowest period of growth in the past three years. Even so, the shift away from Japanese vehicles
has seen Hyundai
sales jump by 15 percent last month. Likewise, Audi
saw it's numbers swell by 20 percent, and BMW
enjoyed a boost of 55 percent.