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发帖数: 10330 | 1 http://www.bloomberg.com/news/2012-11-21/toyota-venture-says-ch
Toyota Says China Retail Sales Rebounding After Protests
By Bloomberg News - Nov 21, 2012 11:01 AM ET
Toyota Motor Corp. (7203), which saw its China sales plunge for the last two
months, said it expects demand for Japanese cars to soon return to levels
before protests erupted in September over a territorial dispute.
Retail sales at its Chinese joint venture, GAC Toyota Motor Co., have
rebounded close to levels before the wave of anti- Japan sentiment, Feng
Xingya, executive vice president of the venture, said at a briefing in
Guangzhou yesterday. The automaker cut production to ease pressure on the
dealerships and stockpile levels have “reduced dramatically” in the past
two months, he said.
“The faster the sales recover the better,” Kunihiko Ogura, Toyota managing
officer and president of its joint venture with Guangzhou Automobile Group
Co., said at the same briefing. “Our sales are recovering steadily and will
return to normal in the not-too-distant future.”
Toyota’s projection adds to evidence that Japanese automakers are becoming
more confident the consumer backlash is fading in the world’s largest auto
market. Nissan Motor Co. (7201) said this month its orders and dealership
traffic in China had rebounded. The automakers will join General Motors Co.
(GM) and Volkswagen AG (VOW) at the Guangzhou auto show this week, the first
major marketing event since rioters smashed cars and torched dealerships
two months ago. |
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