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Toyota sold 164500 vehicles in China in November, up 17.2% from a year earlier.

2024-04-25 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)12/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, December 10, according to the Nikkei Chinese website, Toyota's new car sales in China showed a positive growth trend in the past November, up 17.2% from the same period last year, the third month in a row. Sales of pure electric vehicles (EV) and hybrid electric vehicles (HV), in particular, were particularly strong, while Nissan's sales were back on track five months later.

In November of Pexels2023, affected by the base effect of the sharp decline in sales affected by the COVID-19 epidemic in the same period in 2022, Toyota's sales in China rebounded significantly, reaching 164500 vehicles. Sales of several models, including the SUV "Corolla Cross", were strong thanks to promotional activities during the Guangzhou auto show.

CTOnews.com noted that Toyota's EV and HV sales of electric vehicles rose 80% year-on-year to a total of 63400 vehicles. Electric vehicles also accounted for an increase in Toyota's total sales, up 13.4 percent from the same period last year to 38.5 percent.

From the perspective of joint venture partners, FAW Toyota's sales rose 29.7% year-on-year, while Guangzhou Auto Toyota's sales fell slightly by 1.9%. In addition, sales of Toyota's high-end brand Lexus increased to 2.2 times. Of the cumulative sales from January to November 2023, Toyota's sales in China fell 2 per cent year-on-year to 1722100 vehicles.

As for Nissan, new car sales in china surged 56.1% in November from a year earlier to 74879, according to figures released on December 7. However, of the cumulative sales from January to November 2023, Nissan's sales in China fell 20.7 per cent year-on-year to 694895 vehicles.

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