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Japanese Global Sales Weak in November. China is a Disaster
The global sales results of major Japanese automakers just released for November of 2022 show weakness and an uncertain outlook for 2023. The world’s largest car market, China, as well Putin’s war against Ukraine are major culprits. This in our view significantly clouds the outlook for 2023. However, Toyota Motor is showing resilience to the sales flu thus far as winter sets in. Continue reading →