Archive for the ‘Toyota China’ category
Is the Scion range heading to China, or is it all a little too late?
Over the past few years Toyota China have been very slow to react to local market conditions and have continued to produce large sedans and SUV’s, whilst the market moved towards small displacement cars that Toyota only produce several models of. The Toyota Passo is reportedly heading into China, as is the Toyota Matrix from [...]
Toyota Highlander airbag does not deploy in a serious accident
It seems that more media attention might be focused on Toyota in the next coming weeks after this latest crash: From Gasgoo: A Toyota Highlander had a road accident in Beijing on Saturday, which led to a collapse of 30 metres of the guardrail and serious damage of the car. The vehicle’s airbag didn’t pop [...]
Toyota to compensate Chinese drivers
This is actually a first for the Chinese car industry, and may well be a precedent to further compensation by other car companies that recall their products in China From Reuters: SHANGHAI, March 30 (Reuters) – Japanese auto maker Toyota (7203.T) will recall some RAV4 vehicles in China and compensate their buyers after complaints from [...]
Toyota’s premium pricing in China is down the pan
From Businessweek: Drivers in China are no longer in a hurry to own Toyota Motor Corp.’s cars. Neil Hu, a sales manager at a Toyota dealership in Beijing, said he has stopped charging a 5,000 yuan ($732) premium to customers who want to skip the waiting list for RAV4 sport- utility vehicles. He took the [...]
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, [...]
Toyota to start China marketing campaign to woo Chinese drivers
According to Bloomberg, but is it all a little too late now that the damage has been done? March 5 (Bloomberg) — Toyota Motor Corp., the world’s biggest carmaker, will begin a marketing campaign in China today to lure customers amid the company’s recent recalls, the Wall Street Journal said. The promotion, which runs through [...]
Insurance premiums for Chinese Toyota drivers rise!
From the China Daily: Influenced by the Toyota recall crisis, insurance companies in China have raised premium rates for the Japanese carmaker’s most products, Changsha Evening News reported on Tuesday. A Toyota car owner who seeks to renew his vehicle insurance told a reporter that he found premium rates given by the insurers he contacted [...]
Toyoda apologises to China, and Toyota owners in China
Akoi Toyoda arrived in Beijing yesterday night fresh from a tour of the USA, where he held a press conference to express his profound apologies for the number of Toyota recalls in China and beyond. Toyoda believes that the Chinese market is very important to Toyota due to its 20% growth in sales for Toyota [...]
Akio Toyoda to visit Beijing today for press conference to explain recalls
Akio Toyoda, the president and CEO of Toyota is flying to Beijing today after his Senate grilling in the USA to explain his companies recalls to a Chinese audience. Toyota China have been forced to recall over 75,000 RAV4′s in China, as well as another vast number of Chinese made Toyota’s due to quality issues [...]
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