Japanese car manufacturers’ sales crisis in China / Gasoline cars are not sold in China

According to the report of the correspondent of Fars News Agency, quoted by Reuters, the available statistics show that Japanese car manufacturers have encountered problems in selling their products in the Chinese market; Because Chinese buyers are quickly moving towards buying electric and hybrid cars, and the sale of gasoline cars has decreased in this country.

In the first quarter of this year, the sales of Japanese cars in the Chinese market decreased by 32%, which was twice the overall decrease in car sales in China during the same period. While other car manufacturers, including Volkswagen, have also witnessed a decrease in sales in the Chinese market, the reason for the decline in sales of Japanese car manufacturers is their slow approach to the growing market of electric and hybrid cars.

Experts say: With the decrease in the production and selling price of gasoline cars by car manufacturers, their production and profits will decrease, which means that Japanese car manufacturers may face increasing challenges in the foreign market of this country.

Yasushi Matsui, financial director of Denso parts company, has announced that especially Japanese car manufacturers are witnessing an increase in the number of zero cars in warehouses in China and not selling them.

Last week, Japan’s Mitsubishi Motors halted production of its Outlander SUV in China for three months. Currently, Chinese electric and hybrid cars are overtaking Japanese cars in the domestic market of this country.

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