BEIJING (Reuters) – Toyota Motor Corp aims to raise vehicle sales in China by 8 percent to 1.6 million this year, the Japanese automaker said on Friday.
Toyota sold 1.47 million vehicles in China last year, up 14.3 percent from 2017.
Toyota - Forecast - Time - Automakers - China
Toyota’s forecast comes at a time when automakers in China in general are bracing for a tough year after weakness in sales emerged last year.
China’s Association of Automobile Manufacturers (CAAM) this month said it expects sales to show no growth, forecasting flat sales of 28.1 million vehicles for 2019. Other government and industry bodies see a 0-2 percent growth...
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