FAW Toyota's hit Corolla sales aim at sixth

Yesterday, FAW Toyota launched the Corolla sedan -- the 10th generation Corolla, hoping that the new car sales could boost the company to climb to the top sixth enterprises.

Meanwhile, the other main model -- Reiz also launched the campaign to ensure completion of the year-end target promotions. However, FAW Toyota situation is not optimistic.

From January-February this year, FAW Toyota Motor sales were far below the industry standard of 10%, of its sales from the previous 10th slides to 11th. By March, it returned to the sixth by REIZ sales.

FAW Toyota hopes to replace the declining Guangzhou Honda, or Hyundai.

China Automobile Industry Association statistics: in 2006, the top seven auto sales were Shanghai GM, FAW Volkswagen, Shanghai Volkswagen, Chery Auto, Beijing Hyundai, Guangzhou Honda, FAW Toyota; FAW Toyota and Guangzhou Honda's sales are closer to each other, 224,300 and 210,400 units.

Dong Xiuhui, FAW Toyota Motor Sales Co. Ltd. sales planning general manager said: "before FAW Toyota third plant goes into operation, there will not be any major changes in supply and demand. FAW Toyota ranked seventh in sales last year, probably ranking eighth or ninth in the first half of 2007. But Carola, which was launched in June, significantly increased FAW Toyota total sales."