Toyota says sales in China declined 15 percent in August

Article by Christian Andrei, on September 6, 2012

Toyota Motor Corp.’s sales in China (including those for its two local joint-venture partners) declined by 15.1% in August compared to the previous year, the second straight year that there was a drop. A company spokesman said last Monday that its sales in China last month amounted to around 75,300 vehicles.

The Beijing-based spokesman, Takanori Yokoi, said that the year-on-year decline in August came after a 5% decline in July. The last time that Toyota’s sales dropped for two straight months was a two-month period ended Jan. 31, 2012. This was primarily because of China's lunar new year holiday. The overall Toyota vehicle sales in December 2011 in China fell by 9.6%.

In January, the figure fell by 26.2%. Yokoi claimed that Toyota isn’t worried about the two straight monthly drops. He said that the sales decreases in July and August were mainly because of a technical aspect. The spokesman explained that sales in July and August 2011 were "unusually high" after three months of slow sales immediately after the earthquake in Japan.

There was an interruption in the output of key components in Japan and this affected Toyota's vehicle production worldwide, including China, so dealers didn’t have the cars in their lots to sell. It was only in late June 2011 that production got back to more normal levels.

Sales then surged in the months that followed. From January to August this year, Toyota China sales were still up compared to the previous year. Yokoi said that its sales through August reached about 596,100 vehicles, a 13.4% increase from the same period in 2011.

Topics: toyota, china, sales

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Each time that Mini launches a new generation of the Countryman crossover, a John Cooper Works performance version is always expected to follow. When Mini unveiled the next-gen 2017 Mini...
by - January 18, 2017
Ford Mustang customers won’t be able to specify the V6 powerplant for the latest iteration of the carmaker’s pony car. This comes as the new 2018 Ford Mustang is saying...
by - January 18, 2017
The man sitting at the top of the performance division of Mercedes-Benz – Tobias Moers – cryptically indicated that the Mercedes-AMG GT4 could be really coming. Moers, chief executive of...
by - January 18, 2017
The 2017 Detroit Auto Show (2017 North American International Auto Show) has been exciting and thrilling. Several new concepts and production vehicles were announced and unveiled, with a number of...
by - January 18, 2017
Your 2017 Volkswagen Golf Facelift could get as sporty looking as the Golf R with the new R-Line packages. But without the sporty run and the premium price. Set to...
by - January 17, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries