Toyota sold 70, 500 vehicles in China in June, up 18.6% from a year earlier, due to a pick up in production after 2011’s earthquake and tsunami in Japan.
From January to June Toyota sold 442,500 vehicles, 24.9% up from the same period last year, being on the track to meet its sales goal of 1 million units in China by the end of this year.
“In China, sales usually boom toward the end of the year each year, and we believe we are likely to achieve our sales objective,” said Hitoshi Yokoyama, Toyota spokesman.
The sales boost are mainly due to the fact that sales in the same period last year were affected by March 11 earthquake that destroyed parts of Japan and paralyzed the production of key auto components. In 2011 Toyota sold a total of 883,400 units, up 4.4% compared to 2010, which reflects the slowdown of auto sales in China last year and also the lack of small, fuel-efficient cars that are now so popular in the country.
Sales in June were significantly lower than the ones in May, when Toyota and its partners in China doubled sales. To meet its initial goal of 1 million units by the end of the year, Toyota’s sales will have to increase by about 13% each month.