Archive for the ‘Guangzhou-Toyota’ Category
Published on April 22, 2013 by Tycho de Feyter
Earlier on we reported about the launch of Ranz, a new sub-brand of the FAW-Toyota joint venture aimed at making cheap electric cars. But there was more. Toyota launched yet another sub-brand for making cheap electric cars, this time under the Guangzhou-Toyota joint venture. The brand is yet nameless, its name will only be announced on the Guangzhou Auto Show in November. But the brand has a logo and a concept car; this yellow monstrosity previewing a mid-size sporty EV SUV.
Published on April 5, 2013 by Joey Wang
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.
Published on March 5, 2013 by W.E. Ning
Sales in China of Japan’s largest automaker, Toyota Motor Corp, slumped 45.7 percent year-on-year to 36,300 vehicles in February.
After a recovery in January, Toyota suffered another drop in the Chinese market in February, which ranks second only to the company’s sales drop of 48.9 percent in September 2012.
Published on January 8, 2013 by W.E. Ning
Japan’s Toyota Motor Corp. has released its sales numbers for the month of December in China, showing a 15.9% decline from the same month a year before. In December 2011, Toyota and its two Chinese partners sold 108,000 cars in the country, while last month only saw 90,800 vehicles drive off the lots.
While the decline certainly highlights the continuing effect of the diplomatic tensions between China and Japan over the disputed Senkaku/Diaoyu Islands, it is also following the trend of recovery since the mid-September outbreak. Read more »
Published on December 4, 2012 by Joey Wang
Toyota’s sales in China totaled roughly 60,000 vehicles last month, an unnamed senior company executive told Reuters. The company and its Chinese parters sold 81,800 cars in November last year. The pace of the last month’s decline – roughly 25 percent from a year earlier – eased from the previous two months.
Published on November 2, 2012 by Joey Wang
Toyota sales in China fell 44 percent in October from a year earlier as the Japanese auto maker remains pressured under the impact of a territorial row between the two countries.
Toyota said on Thursday it and its two local joint-venture partners sold a total of about 45,600 cars. The year-on-year decline followed a nearly 50 percent slide it saw in September.
Published on October 30, 2012 by W.E. Ning
The Toyota Etios will be launched on the Chinese car market next year. It will be the cheapest Toyota on the Chinese market with a price that will start around 65.000 yuan. The Etios is currently only sold in India where it is enjoying moderate success. Read more »
Published on October 22, 2012 by Joey Wang
Toyota has denied media reports that it will withdraw from the Chinese market and shut down production facilities in the country, but said that necessary adjustments will be made in some of its joint ventures, said Toyota Motor (China) Investment Co Ltd, the Beijing News reported on Thursday.
Published on October 18, 2012 by W.E. Ning
Leading Japanese carmaker Toyota on Wednesday denied reports saying that it would temporarily close some of its factories in China amid strained bilateral ties.
A spokesman for Toyota Motor (China) Investment Co Ltd, a subsidiary of the Toyota Motor Corp, said growing tensions between both countries have dampened sales in China, with some stores receiving fewer customers and subsequently fewer orders.
Published on October 15, 2012 by Joey Wang
Toyota will recall 1.4 million vehicles from the Chinese market from Nov 1 over faulty window switches, according to an announcement by the General Administration of Quality Supervision, Inspection and Quarantine.