China turning bitter sweet for Toyota


From Xinhua:

EIJING, March 9 (Xinhua) — For the first time in years, Toyota has dropped from the top 10 list of the best selling cars in China in February, the China Daily reported Tuesday.

FAW Toyota, the Japanese automaker’s joint venture in China, disappeared from the top 10 sales list for the first time, the newspaper quoted statistics released by China Passenger Car Association as saying.

Although Toyota China said its total sales rose 30 percent in February from a year earlier to 45,400 units, the figure continued a sharp decrease from 72,000 vehicles in the previous month.

In January, the recall-plagued brand encountered the first drop of 16.3 percent from last December in the world’s largest auto market.

A survey conducted by Chinese website Sina.com showed that 73.6 percent online respondents said they would not buy Toyota or Honda branded cars after the recalls, with only 16.4 percent maintaining Japanese cars are still their preference, said the newspaper.

The online poll was conducted on 258,000 participants between March 1 and March 8, 2010. Sina.com provided no demographic breakdown, according to the newspaper.

ash 010 web avatar China turning bitter sweet for Toyota

Ash

Ash came to China at 18 on a whim and never left. Some 10 years later he collected a degree and a family along the way and now focuses his time on watching the Chinese car industry develop. He has witnessed the market change from being minor backyard market in to the world's biggest and most important market for all car manufacturers. You can contact or connect with him via Linkedin by clicking the 'Website' link.

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7 Comments so far, please add your thoughts!

  1. avatar Ed says:

    So the massive recall has impacted Toyota greatly, just as I`ve expected.

  2. avatar Head Honcho says:

    Did you figure it out all by yourself? Or did you turn on a tv or read a paper.

  3. avatar Head Honcho says:

    Oh wait that would be a Canadian paper or tv wouldn’t it.

    • avatar Ed says:

      Sorry, but I have something called a brain, and I don’t need to look at the media to figure out something that elementry school kids could figure out. Not everybody is a dumnass like you.

      • avatar Head Honcho says:

        You are funny. Have you ever driven a Chinese car or do you spend all of your time in Canada?

        • avatar Ed says:

          Have you ever driven a Chinese car? and I have driven more Chinese cars then you’ve. What makes you think I’m in Canada?

        • avatar Head Honcho says:

          Well evidently your IP address is from Canada. So where did you drive the Chinese cars? Which Chinese cars have you driven.

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