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Toyota to miss China 2014 sales goal of over 1.1 million vehicles - executives

2014-12-30 06:16:22| Automakers - Topix.net

Toyota Motor Corp is likely to miss its 2014 objective of selling over 1.1 million vehicles in China because of a faster-than-anticipated economic slowdown and resulting price war in the local auto market. Toyota and its two Chinese joint ventures will miss the goal and will sell slightly more than 1 million vehicles in 2015, two company executives told Reuters.

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Category:Automotive

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