Honda, Mazda and Nissan stop production of new cars and works at Chinese plants and dealerships

Production Line

Japan-based Honda Motor Company (NYSE: HMC) (TYO: 7267), Mazda Motor Corporation (TYO: 7261) and Nissan Motor Company (NASDAQ: NSANY) (TYO: 7201) have halted production of new cars and work in certain Chinese plants and dealerships.

The automakers have taken this decision because of protests, acts of vandalism, and general anti-Japan sentiment in China. These actions are due to the recent territorial dispute between Tokyo and Beijing respectively.

Nissan halted production at its Guangzhou- and Zhengzhou-based factories for two days, while Honda is stopping production at Guangzhou and Wuhan factories on Tuesday and Wednesday, and Mazda will also stop building cars at its Nanjing assembly plant for four days from Tuesday.

0saves
If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

Comments are closed.

Powered by WordPress