Japanese carmakers fear China backlash over Abe’s shrine visit

Article by Anita Panait, on January 3, 2014

Japanese carmakers are readying themselves for a possible consumer backlash in China after Prime Minister Shinzo Abe visited the Yasukuni Shrine, which memorializes war dead during the birthday of Mao Zedong. Nissan Motor Co. said it was "closely monitoring" developments in Japan-China relations after Abe's visit. China condemned Abe’s visit at that shrine, which honors the war dead including 14 World War II leaders who were convicted as Class A war criminals. The visit also coincided with the 120th birthday of Mao, who is considered as the founder of the communist nation. "As a company we have no means to intervene in politics," Huo Jing, a spokeswoman for Nissan in Beijing, told Bloomberg, adding that all they can do is to be better at their job.

Toyota Motor Corp. and Honda Motor Co. posted declines in sales in 2012, following a breakout of a territorial dispute between Japan and China. "We're still at a stage where we need to carefully monitor the impact, but it's obvious that this only has a negative impact on Japan," Mitsushige Akino, chief fund manager at Ichiyoshi Asset Management Co., told Bloomberg.

He remarked that the visit poses some geopolitical risks. Cui Dongshu, deputy secretary-general of the Passenger Car Association in Shanghai, said that the timing of the visit to the Yasukuni Shrine sends a very dangerous signal as it will deter buyers who worry about the safety of their vehicles and themselves.

Topics: china

If you liked the article, share on:

Comments

Recommended

As seasons change, temperatures rise and fall. The changes affect our preferences when it comes to driving cars. Therefore, Aston Martin introduces the new DB11 Volante or convertible, and it...
by - October 16, 2017
Aston Martin may be known for building many of the stylish Bond cars we see on the big screen but nobody really knew how it can get super aggressive when...
by - October 16, 2017
Today, manual transmissions have become rare in mainstream cars and are more commonly found in performance cars within the $20,000 to $40,000 range. However, the selection of affordable, three-pedal performance...
by - October 16, 2017
We expected to see the BMW i8 Roadster at last month’s 2017 Frankfurt Motor Show, but it never made an appearance. So the question on fans’ lips now is when...
by - October 16, 2017
Jaguar has just released the first official image of its newest offering, the new Jaguar XEL. Essentially the long-wheelbase version of the Jaguar XE compact sedan, the new Jaguar XEL...
by - October 14, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries