Global Economic War: Japanese car production crashing in China! Japanese exports to China crashing!

29 November 2012, anti-Japanese sentiment in China is having a drastic effect on Japanese car production in the (supposedly) communist country.

Overall, the six Japanese car companies operating in China saw a 48.9% drop in production in October (compared to October 2011).  It’s even more drastic when you look at production for each company.

Mazda down 27.6%

Suzuki  down  32.6%

Nissan down 44%

Honda down 54.2%

Toyota down 61.1%

Mitsubishi down 84.6%

Even cars made in Japan for the Chinese market are not going anywhere fast:

Nissan exports to China down 75.9%

Toyota exports to China down 91.3%

Mazda exported zero cars to China in October!

There might be some good news for the United States.  Japanese car company officials say they will now shift focus of production of many vehicles to South East Asian countries, and the U.S.