Guangzhou Toyota: no price cut on Camry

By April 2007, TOYOTA CAMRY sales reached 14,518 units, winning the fifth consecutive high-end single vehicle sales championship.

"Camry is still among the best selling models, so the price will not be cut before 2008." Said Feng Xingya on June 1, deputy general manager of Guangzhou Toyota. "We have been considering for a three-year plan on price adjustment. For current competitors and their price adjustments, it is not out of our expectation. "

He also said that Guangzhou Toyota has been considering product improvement, but he did not disclose the plan. But surely, Camry will not be discounted in near future.

Earlier, relevant departments had already announced that the Highlander will be launched this summer. The price has not yet been disclosed. He said that the Highlander will be China made if the sales target is reached.

Feng finally stressed that the number of Toyota franchised dealers will reach 160 in 2007, in some parts there will be no new dealers to be opened.