Toyota's China car sales up 20% in 2010
Shanghai January 5 (Gasgoo.com) Toyota Motor Corp. sold 846,000 vehicles in China in 2010, up 19.4% from a year earlier, gasgoo.com reported, citing Beijing-based Toyota spokesman Hitoshi Yokoyama.
The figures are in excess of the Japanese automaker's annual sales target of 800,000 units.
Toyota aims to sell 900,000 vehicles in China in 2011, with a lower-than-2010 growth rate, Hitoshi Yokoyama said, adding that China's automotive market will slow down too this year.
In December alone, the automaker saw its vehicle sales jump 33.8 percent on an annual basis to 120,000 units in China.
The Chinese automotive market expects to grow approximately 30 percent this year, while Toyota may experience a sales growth lower than the industry average.
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