Toyota stalls assembly line plans

    Updated: 2012-12-11 09:30

    By Li Fangfang (China Daily)

      Comments() Print Mail Large Medium  Small 分享按鈕 0

    Toyota stalls assembly line plans

    A worker stands next to a Toyota Motor Corp vehicle at the company's assembly line in Tianjin. According to a report on Sunday by the Japanese newspaper Asahi Shimbun, the future of Toyota's fourth factory in Tianjin will hinge on the recovery of sales in China. Provided to China Daily 

    Japanese media says carmaker reconsidering launch of new China facilities

    Toyota Motor Corp is reported to be reconsidering its expansion plans in China following its recent slump in sales.

    The Japanese newspaper Asahi Shimbun reported on Sunday that Toyota, one of the world's auto giants, is stalling the launch of two major assembly lines at factories in Tianjin and Guangzhou, capital of Guangdong province, after predicting sales in China were likely to continue to slow in a short term.

    The company's dramatic fall in sales was attributed to anger in China over Japan's illegal "purchase" of the Diaoyu Islands.

    Without disclosing a specific source, the report said that the future of the new assembly line in Tianjin - its fourth there, which is expected to have an annual production capability of 200,000 units - depends on its sales recovering in China.

    The report added that the same applies to a delayed third assembly line at its factory in Guangzhou, which was scheduled to be rolling out 200,000 vehicles by 2015.

    A Toyota China spokesman was not reachable on Monday.

    Despite most Japanese auto makers reporting a more than 50 percent recovery in sales last month from October, mainly due to the Guangzhou auto show and heavy sales promotions, analysts still say it will be hard for them to rebound to previous levels of production.

    Cui Dongshu, deputy secretary-general of China Passenger Car Association, said he believed Japanese auto sales would be "lucky to reach 90 percent of the level of sales" normally expected in January.

    Namrita Chow, a senior analyst with consulting form IHS Automotive, said that the severity of the ongoing Diaoyu Islands issue would threaten Japanese brand vehicle production in China for at least a year.

    Chow added: "Despite dealers offering strong discounts, the overall sales of Japanese brands in China did not fare well in October, with Japanese manufacturers announcing they planned cutbacks in vehicle production in China in 2013 and possibly into 2014."

    Chow estimated that lost production was likely to hit 350,000 units in 2013 and 300,000 units in 2014.

    Toyota reported new car sales of 63,800 units in China in November, a 39.9 percent improvement on October, but still a 22.1 percent year-on-year decline.

    The October figures were down 44.1 percent year-on-year, after a 48.9 percent dive in September.

    Mazda Motor Corp said that its market performance dropped 29.7 percent from a year earlier to 12,187 units in November, but that had rebounded from a 45 percent fall in October.

    Honda Motor Co, meanwhile, sold 41,205 cars to Chinese customers in the month - a 70.9 percent rise on the previous month, but still a drop of 29.2 percent over November 2011.

    The China Association of Automobile Manufacturers said on Monday that China's November automobile sales increased 8.2 percent from 2011 to 1.79 million units, which represented a 4 percent rise for the first 11 months to 17.49 million units year-on-year.

    Though the Japanese brands started to recover in November from sluggish sales in the previous two months, their combined sales still dived 36.1 percent from a year earlier, said the association.

    lifangfang@chinadaily.com.cn

    Related Readings:

    Japan's new car sales in China plunge in Nov

    Japan's?car output falls 12% on slow exports to China

    Diaoyu tension takes toll on Japan's economy

    Japanese auto sales improve on promotions

    Related Stories

    Toyota sales decline slows 2012-12-04 11:35
    Toyota China sales fall again in Nov 2012-12-03 14:09
    Toyota boosts outlook for China 2012-11-30 14:33
    Toyota's output in China down 61% in Oct 2012-11-29 15:14
    无码专区一va亚洲v专区在线| 日韩视频无码日韩视频又2021| 无码毛片一区二区三区视频免费播放| 狠狠综合久久综合中文88| 久久无码av三级| 亚洲AV无码成人专区片在线观看 | 亚洲国产午夜中文字幕精品黄网站 | 成人午夜精品无码区久久| 欧美日本中文字幕| 国产综合无码一区二区三区| 亚洲日韩精品一区二区三区无码 | 暖暖免费日本在线中文| 国产日韩AV免费无码一区二区三区| 亚洲av永久无码精品国产精品| 最新版天堂中文在线| 日韩中文字幕精品免费一区| 97碰碰碰人妻视频无码| 国产精品va无码一区二区| 亚洲av日韩av无码| 亚洲精品无码永久中文字幕| 无码福利一区二区三区| 特级做A爰片毛片免费看无码| 中文字幕视频免费| 中文字幕免费视频| 久久精品99无色码中文字幕| 最好看的中文字幕最经典的中文字幕视频| 亚洲中文字幕一二三四区苍井空| 国模吧无码一区二区三区| 亚洲AV永久无码精品一区二区| 内射无码午夜多人| 亚洲高清无码综合性爱视频| 天堂无码在线观看| 亚洲精品无码日韩国产不卡?V| 色吊丝中文字幕| 久久中文字幕一区二区| 中文字幕亚洲精品| 无码H黄肉动漫在线观看网站| 亚洲精品人成无码中文毛片 | 中文字幕在线观看国产| 老子午夜精品无码| 亚洲av无码片在线播放|