| Author: Tom Bailey |
Toyota Motor Corp. more than doubled its automobile sales in China for the first three quarters of the year. With said figures, its can be reflected that the automaker has outpaced Ford, Volkswagen and the rest of the automakers in said territory.
According to the report of Shanghai auto association, the Japanese automaker, the world's second largest, sold 455,539 units from January to September this year. Moreover, it has gained 34 percent increase in the overall passenger car market of China. Aside from China, Toyota is also advancing aggressively in North America.
Toyota is enjoying an accelerated increase in standing, popularity and sales. In fact most of the automotive critics are saying that said automaker, in due time, can topple the reign of General Motor as the world's number one player.
In the month of September alone, the Japanese automaker sold 33,000 units, up by 188 percent from its record for the same month last year. A great percentage of the increase is linked to Camry, the best-selling sedan in the United States for 9 years now.
Ford has previously reported 105.5 percent growth in sales within the first 9 months of 2006. Ford sold 114,685 vehicles in China while Volkswagen moved 524,558 vehicles, up 28.7 percent from the previous year.
Toyota made its first Chinese-made Camry at its new plant in the southern city of Guangzhou last May. The plant is built to draw customers and compete closely with other makes like Honda Accord. Other Toyota accessories and parts will also be manufactured in said plant. This is to effectuate a faster and more proficient workflow.
With the Guangzhou factory, Toyota will be able to manufacture approximately 342,000 units. Moreover, the automaker has sought application to produce extra 200,000 units in the northern port city of Tianjin. According to Toyota, it would also double the Camry production capacity to 200,000 units per year to keep pace with tough market demand. |
Author Bio:
parts BMW ### Tom Bailey is a consultant for one of the country??s leading auto parts stores. He is also an editor of a reputable publishing company in his area. He is currently based in Atlantic City, New Jersey with his wife and 3 children. |
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