Toyota plans to roll out the first Mainland-made Camry model Tuesday in a push to catch up to the leading auto sellers in the mainland. The Japanese auto maker, on track to become the largest in the world ahead of GM, lags well behind in China with 3.5% of the market last year and sales of 179,000 vehicles. GM, with 11%, sold 665,390 in 2005, the South China Morning Post reported. VW ranked second. With China poised to surpass Japan as the world's second-largest auto market, the stakes are high for Toyota, whose cars have traditionally been seen as expensive imports. The Camry will be manufactured in Toyota's factory in Nansha, near Guangzhou. The company plans to sell 1 million units by 2010.
You must log in to post a comment.