Although Toyota, Nissan or Honda were not so lucky in selling cars in China last month as the Chinese customers shunned Japanese brands amid a territorial dispute between the two countries we can’t say the same thing about American manufacturers such as General Motors or Ford.
According to Bloomberg, the two manufacturers reported some important gains in sales in world’s largest auto market. General Motors’ sales in China increased 14 percent to 251,812 units in October, while ford sold 60,518 vehicles last month in the country, which translates into a 48 percent increase. For those who don’t know, Toyota’s sales in China plunged 44 percent last month, following a 49 percent drop in September.
Moreover, Honda and Nissan reported their worst numbers in October. “The influence on consumer mentality here could be long- lasting,” said Lin Huaibin, a Shanghai-based analyst at IHS Automotive. “This is bad news for the Japanese OEMs and very good news for the Germans and Americans.”
According to Ford, its most popular vehicle was the Focus and the American manufacturer sold 33,614 cars in October. Ford is also planning to introduce two new models: the Kuga and the EcoSport in China in the next few months. GM is also planning to invest invest as much as $7 billion in the five years to 2015 in China.