CHINA: Toyota braced for further backlash over island dispute
Toyota has told its workers in China that it expects it to be at least a year before sales recover to their pre-territorial dispute level.
Hiroji Onishi, the company’s senior managing officer in China, told staff that Toyota is reviewing new investment plans for the country because it expects anti-Japan sentiment over the disputed Senkaku/Diaoyu islands in the East China Sea to continue to affect sales, news agencies reported.
The UK market looked strong in May while Toyota's UK plant, clobbered by the 2008 recession, is now claimed to be back at capacity, following the start of production of the Auris Touring Sports or, to...
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The Indonesian government announced its long awaited incentives for small cars, following the issue of a presidential decree earlier this week which was quickly put into legislation....
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