BEIJING: Toyota Motor, the China sales of 2014 full year about 1.03 million units, an increase of 12.5% year on year, although the first time topped the 1 million units, but did not reach the goal with 1.1 million units or more.
Aim for 2015 to sell 1.1 million units, expected growth rate of year on year to slow to about 6.8 percent and a half.
Japan automakers faces two challenges of growing political tensions of the economic slowdown and day intermediate in China. However, Toyota, Honda and Nissan Motor unlike did not cut the China sales target.
Toyota has set non realistic sale targets, inventory bulge, is raising the voice of discontent and suffered a loss.
The December 2014 at 125,000 units increase of 15.3% year on year. November year on year increase of 2.9%, was the October 27.1% increase.
Toyota dealers 500 or more companies in China train circulation Association to join (CADA), it sent a letter to Toyota and a joint venture of China FAW Group of China (FAW Group), 22 yuan (300 million and subsidy of $ 54,140,000).
Executive of CADA is said that Joint Venture Company is revealed to have agreed to negotiate with the dealer. Toyota has refused to comment.
