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Autos

Toyota loses IPR lawsuit

The first lawsuit involving a foreign car manufacturer since China's entry to the WTO ended with a Beijing court ruling in favor of local Zhejiang-based carmaker Geely.

The court rejected Toyota's claim, which accused Geely of using a similar logo to the Japanese carmaker's and asked for compensation of RMB 14 million (US$1.7 million).

The presiding judge concluded that the logo of Geely's Merry model did not violate Toyota's logo rights.

According to the court, Toyota can appeal to the Beijing High People's Court within a month if the company wants to dispute the verdict.

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