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Toyota China sales up 17% in November

From China Car Times| December 05 , 2010 10:32 BJT

Toyota currently has two joint venture partnerships in China, one in the north with First Automobile Works (FAW) and one in the south with Guangzhou Auto Company (GAC), the two JV’s are in a perfect position in which to cover the major geographical bases in China, this method seems to be paying off quite well for Toyota who have announced that sales have increased by 17% in November after a sales drop in October.

A total of 82,900 Toyota vehicles were sold in November 2010 which is a year on year increase of 17% over November 2009′s figures, October 2010 was a poor month for Toyota when they saw their first sales drop in 18 months, although yearly sales for Toyota are at 726,500 units in the first 11 months.

In 2011 Toyota is going to have a major focus on small displacement vehicles which have so far been driving the big sales figures in the Chinese market, the Toyota Verso will launch at the Guangzhou Auto Show and will be powered by a 1.6L engine, making it the third small displacement car on offer from Toyota in China.

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