Toyota says Nov China auto sales up 40.7%

By Reuters – Global Times Source:Reuters – Global Times Published: 2013-12-2 23:28:02

A Toyota car is displayed at the Guangzhou auto show, which closed Saturday. Photo: IC

A Toyota car is displayed at the Guangzhou auto show, which closed Saturday. Photo: IC

Toyota Motor Corp and its two local joint-venture partners sold about 89,800 automobiles in China in November, up 40.7 percent from a year earlier, the Japanese automaker said Monday.

That follows a 80.6 percent year-on-year jump in October and a 63.5 percent rise in September, which were partly boosted by a low base from last year when sales tanked due to a surge in anti-Japan sentiment following a territorial dispute between China and Japan.

In the first 11 months of this year Toyota sold about 809,000 vehicles, up 7.9 percent from a year earlier.

Toyota officials said in August the Japanese automaker and its two local joint-venture partners were on track to sell 900,000 vehicles in China this year, up 7.1 percent from 2012.

In the Guangzhou auto show that closed on Saturday, Toyota launched three new models dedicated to appeal to the Chinese consumers.

Another Japanese auto brand Honda also unveiled new models at the auto show to gain back the attention of Chinese consumers.

Major Japanese automakers have reported sales growth of over 80 percent in October, according to statistics from the China Association of Automobile Manufacturers, though partly due to a low base number last year.

Toyota operates joint ventures in China with FAW Group and Guangzhou Automobile Group.



Posted in: Companies

blog comments powered by Disqus