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Toyota says March China auto sales down 11.7 pct yr/yr
April 1, 2013 / 6:26 AM / 5 years ago

Toyota says March China auto sales down 11.7 pct yr/yr

April 1 (Reuters) - Toyota Motor Corp and its joint ventures in China sold 75,900 vehicles in the country in March, down 11.7 percent from a year earlier, the Japanese automaker said on Monday.

Toyota sold 184,700 vehicles in China in January-March, down 12.7 percent from the same period a year earlier, it said in a text message to reporters.

Japanese carmakers’ sales in China have suffered since late last year after violent anti-Japan protests in September were sparked by a territorial dispute between the countries.

Sales have recovered recently, but some experts say Japanese-brand vehicles may continue to face headwinds in the world’s biggest auto market as diplomatic ties remain strained.

Toyota’s combined Chinese sales in January-February were down 13.3 percent year-on-year.

Toyota, which operates car ventures in China with FAW Group and Guangzhou Automobile Group Co , aims to sell 900,000 cars in the country this year, up 7.1 percent from a year earlier. (Reporting by Yoko Kubota in TOKYO; Editing by Daniel Magnowski)

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