Japanese carmakers' market share in China falls 20% in Jan-Sep

Amanda Zheng From Gasgoo.com

Shanghai November 11 (Gasgoo.com) The latest data from the China Association of Automobile Manufacturers show that Japanese automakers' market share in China fell 20% in the first nine months of this year, making a serious impact on their development in the country, the Shanghai Morning Post reported Thursday.

The market share of Japanese automakers in China used to be 13.5% higher than that of German automakers, but it already dipped to 5% in the January to September period, sources said.

According to a survey of vehicle failures conducted by official legal Web site, wrating.com, among Chinese netizens, the Japanese cars actually had the lowest failure rate with around 36%, while China's own brand cars had the highest failure rate with over 60%, followed by the European cars with nearly 50%, and Korean and American cars with almost 40% each.

At this point, analysts concluded that the decline of Japanese automakers' market share in the China market was mainly caused by a large number of recent recalls by Toyota and other auto-making companies from Japan that have triggered consumers' doubts and worries on the cars' safety and quality.
 

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