The FAW-Toyota joint venture in China reportedly has trimmed its annual sales target by 6% to 620,000 units after demand this year was less than anticipated.
The FAW-Toyota joint venture in China reportedly has trimmed its annual sales target by 6% to 620,000 units after demand this year was less than anticipated.
Year to date sales by the JV rose 8% to 342,900 by the end of August but that growth was less than the Chinese market gained overall, the Wall Street Journal reported.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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