Toyota says sales in China declined 15 percent in August

Article by Christian A., 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

Recommended

The 2018 Cadillac CTS-V sedan will be getting a new paint job that will give it a unique icy feel. Dubbed the Glacier Metallic Edition, this special model was built...
by - August 23, 2017
During the North American International Auto Show at Detroit in 2015, Hyundai introduced a concept pickup truck they named the Santa Cruz. This model took home the Concept Truck of...
by - August 23, 2017
Porsche introduces the technologically advanced wheels with braided carbon fiber. These will be initially available on the 911 Turbo S Exclusive Series. Being the first car manufacturer to offer such...
by - August 23, 2017
All eyes were turned to the fuchsia pink bespoke McLaren 720S MSO at the 2017 Pebble Beach Concours d’Elegance Sunday. Surely, we can understand why. The one-off supercar, which was...
by - August 23, 2017
Hyundai Motor Group – including both Hyundai Motor and Kia Motors – has disclosed a wide-ranging plan to introduce 31 environment-friendly models in a new development roadmap that aims to...
by - August 22, 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