Anti-Japan protests in China cause Honda, Mazda, Nissan to suspend production

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Honda Stopping Production In Japan Due To Anti-Japan Protests In China

Reports state that Honda, Mazda and Nissan have been forced to stop production in China after a series of anti-Japan protests erupted over a territorial dispute between the two countries. The stoppage will see a total of four Honda plants go dark for two days, thanks in part to the fact that local dealers have been under attack and can't receive shipments. Mazda, meanwhile, plans to close its facility in Nanjing for a total of four days, starting on Tuesday. The report sites Luo Lei, the deputy secretary general of the China Automobile Dealers Association, as saying many dealerships have shut down after a few were vandalized. One dealership saw a Honda Civic set on fire in Shanghai.
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A Honda owner drove his car to the nearest Honda dealership and set it on fire; banners in the back read DEFEAT THE JAPANESE DEMONS

Lei also said buyers are boycotting Japanese goods, especially cars, over safety concerns. Honda and Mazda aren't alone, either. Toyota and Panasonic both reported fire damage at their facilities, and one Toyota dealership was set ablaze as well. Protesters overturned cars and smashed windshields in some cities as well, as the September 18 anniversary of the Manchurian Incident approaches. The date marks the anniversary of Japan's invasion into northeastern China in 1931.
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A man in Xi'an holds a sign that reads CAR SMASHINGS AHEAD, JAPANESE CAR OWNERS SHOULD TURN BACK NOW

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A Toyota dealership in Shanghai is set on fire
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A woman discovers her Japanese brand car has been demolished
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Japanese brand cars are overturned by rioters

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A woman tries to stop rioters from demolishing her Japanese brand car

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An unidentified building is set on fire

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The sign in the foreground reads DEFEND DIAOYU ISLANDS TILL OUR DEATHS and **** JAPAN
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Rioters smash cars, burn buildings

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Rioters smash cars, burn buildings

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Protesters overturned cars and smashed windshields in some cities as well, as the September 18 anniversary of the Manchurian Incident approaches. The date marks the anniversary of Japan's invasion into northeastern China in 1931.

China and Japan have not been friends for a long time.
 
CNN.com said:
At the heart of the issue is a group of small islands in the East China Sea that both countries claim sovereignty over. Japan calls the islands Senkaku; China calls them Diaoyu. They are under Japanese control, but China claims they have been a part of its territory "since ancient times."
China says it has instructed ships to carry out patrols in the area -- situated between Okinawa and Taiwan -- to support its sovereignty claims after the Japanese government announced the acquisition of several of the islands from a Japanese family last week.
China termed the deal "illegal" and sent six surveillance vessels into Japanese territorial waters on Friday, according to the Japanese Coast Guard. The move drew strong protests from the Japanese government.
The tense disagreement over the islands has brought latent anti-Japanese sentiment in China boiling back to the surface, resulting in violent demonstrations over the weekend and damage to Japanese businesses in China. Several Japanese companies have halted work at Chinese plants amid the unrest.


Read more here...
 
Japan Could Face Losses Greater Than Last Years Tsunami

China was Japan's number one export market in 2011, with $194.6 billion worth of goods sold in the nation. If the protests continue, the result could be catastrophic for the Japanese automakers. Just one percent off of Japan's exports would be a $1.95 billion loss, and cars are definitely more than that small piece of the pie. And with Japan in a slow economic recovery, they need all the help they can get. There is actually a realistic chance that the losses could be greater than last year's Sendai Earthquake and Tsunami, when Japanese automakers lost approximately $5.6 billion in sales worldwide through April 2012.

But now that China and Japan are more codependent than ever, this could mean even bigger losses for the industry in 2012. The Chinese Automobile Dealers Association has already said that the protests have the chance of hurting the sellers of cars affected by the protests more than the 2011 tsunami did.
 
Uninhabited but..

"Sovereignty over the islands would give the owner exclusive oil, mineral and fishing rights in surrounding waters."
 
You're both right, my only concern stems from the fact that the issue rises now versus before...I wouldn't be surprised if this is a ploy by China to offset any other issue at play
 
I guess GM's market will skyrocket.

So other products such as Canon, Nikon, Sony, Panasonic, etc are getting boycotted too?
 
Actually, the U.S. and China have been in continuous export/import battles with each other. The U.S. is upset with China's copyright infringements and disregard for patents. China doesn't like the import tariffs the U'S. imposes as punishment, and in turn impose their own heavy tariffs.

So GM is currently suffering due to these disagreements between the U.S. and China.
 
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