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Toyota China sales Apr surge by 68pct YoY

China Knowledge quoted spokesperson Mr Niu Yu said Toyota Motor Corp, along its two joint ventures in China, sold 82,000 vehicles in the country last month reflecting a YoY increase of 68%.

Mr Niu said that the April's sales growth, which was distorted by a low comparison in April 2011 affected by the massive earthquake last year, has little significance but that the January to Apr sales indicated that the company is moving toward our sales target for this year.

In 2012, Toyota aims to sell 1 million vehicles in China representing a YoY growth of 13%. The company auto sales in China rose only 4.4% from 2010 to 883,400 units last year.

Sourced from China Knowledge

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