China woes weigh on profits at Toyota, Honda and BMW
丰田、本田和宝马均面临中国需求下滑
Slowing demand in China led to steep falls in quarterly profit for Toyota, Honda and BMW, dragging even the strongest carmakers into a broader downturn hitting the sector.
中国市场需求放缓,导致丰田(Toyota)、本田(Honda)和宝马(BMW)的季度利润大幅下滑,连这些最强大的汽车制造商都被拖入了汽车业的整体低迷。
Until now, Japan’s Toyota and Honda had outperformed their European and US rivals due to strong hybrid and petrol sales in North America.
到目前为止,丰田和本田这两家日本车企的表现一直好于欧美竞争对手,得益于它们的混合动力车和汽油车在北美的强劲销售。
But for the latest quarter, both groups suffered a sales decline in China due to increased competition with local brands, while Toyota and BMW were also hit by recalls.
但在最近一个季度,由于与中国本土品牌的竞争加剧,两家集团在华销量均出现下滑。与此同时,丰田和宝马还受到召回事件的打击。