Japanese carmakers’ Chinese sales tumble in October

Reuters

BEIJING – Japanese automakers Honda Motor Co, Nissan Motor Co and Toyota Motor Corp’s sales in China tumbled again in October as a microchip shortage hit vehicle production in the world’s biggest car market.

Honda said it sold 148,377 vehicles in China last month, down 18% from a year earlier, while Nissan said it sold 113,876 cars, down 22%.

Toyota said it sold 142,000 cars in China last month, down 19%.

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(Reporting by Yilei Sun and Brenda Goh; Editing by David Goodman)

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