Toyota Motor Corp said yesterday it has raised its 2007 sales
projection for China on solid sales of small cars and it aims to
sell even more vehicles in the country next year.
Toyota, which appears to be on track to beat General Motors Corp
as the world's top auto maker, raised its 2007 China sales estimate
to 480,000 cars from 430,000 due to the popularity of its Vios
small car and the newly introduced Camry, Toyota spokesman Naoki
Oku said.
The company sold 308,000 cars in China in 2006. In 2008, Toyota
aims to boost sales in the world's second biggest auto market after
the United States to 700,000 vehicles, or 46 percent higher than
the expected sales for this year, Oku said. The rise expected next
year is partly because the firm will begin production of the Yaris
compact at a local plant, he said.
(Shanghai Daily November 22, 2007)
