Toyota has said that its sales of cars in China in the first two months of the year fell 13.3% on the previous year to 108,800 units.
While the company’s sales in January jumped 23.5% year-on-year to 72,500 units, they plunged 45.7% in February on the year to 36,300 units. The monthly swings are due to the timing of the Chinese Lunar New Year holiday.
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The relatively low cumulative drop will provide some comfort in Japan that the negative impact of the China-Japan diplomatic dispute that intensified last year may be short-lived. However, the dispute is far from resolved and could still flare up.
