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Japanese brands ratchet down full-year sales goals

By Han Tianyang | China Daily | Updated: 2012-11-05 07:48

Japanese brands ratchet down full-year sales goals

Honda announced that it would cut its sales target in China for the fiscal year ending March 2013 by 17 percent to 620,000 units. Its previous plan was to sell 750,000 vehicles.

Japanese carmakers recently adjusted their full-year sales and revenue targets after their China businesses continued to stagnate in the wake of anti-Japanese protests over territorial disputes that peaked in September.

Japanese brands ratchet down full-year sales goals

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