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Toyota China sales Down 11.7% in March

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Toyota China sales Down 11.7% in March

Toyota Motor Corp and its joint ventures in China sold 75,900 vehicles in the country in March, down 11.7 percent from a year earlier. Toyota sold 184,700 vehicles in China in January-March, down 12.7 percent from the same period a year earlier.

Japanese carmakers’ sales in China have suffered since late last year after violent anti-Japan protests in September were sparked by a territorial dispute between the countries.

Sales have recovered recently, but some experts say Japanese-brand vehicles may continue to face headwinds in the world’s biggest auto market as diplomatic ties remain strained.

Toyota’s combined Chinese sales in January-February were down 13.3 percent year-on-year.

Toyota, which operates car ventures in China with FAW Group and with Guangzhou Automobile Group, aims to sell 900,000 cars in the country this year, up 7.1 percent from a year earlier.

Via: Reuters.

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1 COMMENT

  1. Toyota has the same problem as Mazda: no proper cheap car. The new Vios will again costs around 90.000 rmb, while Toyota dealers are begging for a 70.000 rmb sedan, like the Jetta and C-Elysee.

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