Vehicle sales in China took a sizable dip for the first time in eight months, due largely to the fact that buyers in the country are turning away from Japanese brands. Automotive News China reports wholesale deliveries fell by .3 percent last month, while Toyota and Nissan saw sales figures fall to their lowest levels since 2008. Meanwhile, figures compiled by Bloomberg indicate Honda had its worst month since May of 2011.
Chinese Car Sales
Most of the world has been knee deep in a wicked recession for quite a while, and auto sales have been hit especially hard. Here in the U.S., the numbers have been abysmal, as the first half of the year saw only 4.8 million sales through June. China, on the other hand, is running away with the overall sales lead, as the emerging emerged market has added 6.1 million cars and trucks to its still developing roadways. According to The Associated Press, June sales were up 36% over the same period in
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