Toyota: China Sales Up 68% in April image

Toyota declared its sales in China rose 68% in April to about 81,700 units, with the help of its two joint-venture partners.

In the first quarter Toyota sold 293,200 units, up 14.3% compared to the same period last year. Takanori Yokoi, Toyota spokesman, said that this rise is due to the fact that sales during April last year were comparatively low because of the massive earthquake and tsunami in March, which stopped production of key components and affected Toyota’s vehicle production in the entire world. That is why the company is expected to hit double-digit sales growth for the following months.

“If things go as normally as we expect, we should be able to meet our sales goal” of selling one million cars this year, said Yokoi.

In 2011 Toyota sold 883,400 units, up 4.4% compared to 2010, which reflected in part the general slowdown of automobile sales in China last year. The rapid growth from 2009 and 2010 was slowed down considerably in 2011 due to the fact that sales of commercial vehicles and smaller-engine cars stalled after the government ended some incentives for car buyers. Toyota will have rise sales with 13% this year to reach its goal of selling 1,000,000 units.