Guangqi Toyota is aiming to achieve sales of 600,000 vehicles in 2015, reports China Business News citing Feng Xingya, the Executive Vice President of the joint venture.
The company’s hopes are pinned on the popularity of Toyota Camry since its launch in the Chinese market. As such, the JV has high hopes for the upcoming new generation Camry.
While Guangqi Toyota currently offers four domestically manufactured and three imported vehicles covering numerous market segments, the venture has outlined plans to increase its offering.
“Guangqi Toyota possesses the ability and demand to bring over many new models,” said Feng.