​China’s Collapsing Economy Adds To Headwinds For Japanese Automakers – Tyler Durden

China’s Collapsing Economy Adds To Headwinds For Japanese Automakers By Momoka Yokoyama, Bloomberg Markets Live reporter and strategist Shares of Japanese automakers are finding no respite as China’s deepening economic woes damp sentiment already weighed down by concerns over a US slowdown and a rebound in the yen. The three biggest in Japan — Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. — slashed production in China as they lose market share to local manufacturers of electric vehicles and a slumping housing market weighs on domestic consumption. The companies relied on the world’s largest automobile market for more than 16%…  — Continue at ZeroHedge News : Read More