Honda cuts year-end forecasts, looking to rebound in China
Meanwhile, Toyota and Nissan are expected to adjust their profit forecasts shortly. Other automakers have been quick to take up the slack left by their Japanese rivals, with Hyundai, BMW and Volkswagen claiming more market share. Automotive News reports the turbulence between China and Japan could extend into the fourth quarter.
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models