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Toyota Joins Nissan in Saying Deeper China Output Cuts Loom

Toyota Motor Corp. (7203)Nissan Motor Co. (7201) and Honda Motor Co. (7267) signaled Chinese production cuts may deepen this month after anti-Japanese protests flared in the world’s largest vehicle market.

Nissan lowered August output in China, its largest market by volume, 8.9 percent from a year earlier to 86,488 units, the Japanese carmaker said today. Chinese production fell 18 percent to 67,625 vehicles at Toyota, Asia’s biggest automaker, and declined 10 percent at Honda.”

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