Manufacturing News

Toyota, Nissan post double-digit gains

China vehicle sales of Toyota Motor Corp. and its two local joint-venture partners rose more than 12 percent in April from a year earlier, to 85,800 units, the automaker said Wednesday.

Meanwhile, Nissan Motor Corp. said its local joint venture's sales in China rose 15 percent last month from a year earlier, to 118,500 units.

Toyota's increase followed a 19 percent year-on-year rise in March and a 43 percent rise in February.

In the first four months of the year, Japan's biggest automaker's sales in China are up 20 percent from a year earlier, to 313,800 vehicles.

Nissan's sales through the first four months are up 19 percent, to 401,600 vehicles.

Nissan, which operates a joint venture in China with Dongfeng Motor Corp., aims to sell 1.4 million cars in the country this year, up 11 percent from a year earlier.

Toyota aims to sell more than 1.1 million vehicles in China this year, a goal it had originally set for 2010.

Last month, Toyota Executive Vice President Yasumori Ihara said the automaker aims to double annual sales in China to 2 million vehicles over the long term. But he gave no time frame for the goal.

Last year, Toyota sold 917,500 vehicles in China.

Toyota operates joint ventures in China with China FAW Group Corp and Guangzhou Automobile Group Co.

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