Thursday, July 12, 2007

Toyota Aims to Increase China Vehicle Sales by 50 Percent on Camry Demand

(Bloomberg) -- Toyota Motor Corp., the world's
biggest carmaker by market value, expects to sell about 50
percent more vehicles in China in 2007 than a year earlier,
helped by surging demand for its Camry sedans.

The automaker aims to sell more than 450,000 vehicles in
China this year, it said in a statement today. Sales next year
may climb to at least 550,000, Etsuo Hattori, Toyota's chief
China representative, added in an interview at a car show in the
northeastern city of Changchun.


Read more at Bloomberg Emerging Markets News

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