Honda, Nissan, Toyota and General Motors report decline in sales in China

Japanese automakers Honda, Nissan, and Toyota experienced a decline in sales in China in September as a chip shortage affect vehicle production in the country.

Honda said it sold 121,448 vehicles in China in September, dropping 28% from a year earlier because of the coronavirus crisis and a shortage of components.

Nissan said it sold 104,443 cars, showing a drop of 26%, because of external headwinds including the ongoing coronavirus crisis, cross-industry material shortages, slowdowns, and increased competition.

Toyota said it sold 115,000 cars, a decline of 36%.

American automaker General Motors reporting only quarterly China sales, said it sold over 623,000 in July through September, down 19% from the same period last year, adding that the sales declined due to the continued global semiconductor supply chain disruption.