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Toyota's Chinese sales in August top 88000

Carmen Lee From Gasgoo.com| September 07 , 2011 02:36 BJT

Gasgoo.com (Shanghai September 6) - Toyota sold 88,700 vehicles in China in August, China Securities News reported today, quoting new statistics from the manufacturer. The sales figure represents year-on-year growth of 14.9 percent for Toyota. Toyota's Chinese sales since the start of the year have reached 525,600 million, representing a slight year-on-year increase of 4.3 percent.

Compared with its 28.4 percent growth in July, sales performance in August is noticeably lacking. According to Toyota, the large sales growth in July was due to the manufacturer being able to fulfill a plethora of back orders from the previous months. Toyota has only recently recovered from the supply shortages brought on by the earthquake in Japan earlier this year. Toyota will work hard to bring its Chinese production capacity back to pre-quake levels.

Toyota's sales target for the Chinese market remains unchanged at 900,000 vehicles.

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