Toyota 70% decrease in new car sales in China Dealer closure due to new virus March 4 16:44
Toyota Motor Corporation's new car sales in China decreased by approximately 70% last month compared to the same month last year, mainly due to the closure of many dealers due to the new coronavirus.
According to Toyota, new vehicle sales in China including Hong Kong and Macau last month were just 23,800 units for the entire brand, down 70.2% compared to the same month last year.
Toyota has recently been expanding sales in China, driven by the luxury car brand Lexus. However, last month, the spread of the new coronavirus caused many stores to take long-term closures, and the number of customers who had resumed operations dropped significantly due to fewer visitors.
Meanwhile, a trade association made by a Chinese automaker has published data that car sales from January 1 to 23 last month have fallen 89% since the same time last year.
Other Japanese manufacturers will also announce the sales volume in the future, but a significant decrease is inevitable, it is clear that the spread of the new coronavirus is hitting major industries in Japan and China. Was.