The sudden explosion of Japanese car sales in China is just a flash in the pan

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Skimming today’s car news, you will read about an amazing turn-around of the fortunes of Japanese carmakers in China. Which could lead you to the misguided notion that Japanese carmakers are raking it in in the Middle Kingdom. Don’t fall for it.

Nissan’s October sales were up 127.8 percent in China, Reuters says. Those of Toyota rose 80.6 percent, Reuters wrote on Friday. Honda’s October sales in China even skyrocketed 211.6 percent from a year earlier, Chinadaily wrote. While all of the percentages are true, they convey a false image. [Continue Reading]