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> Toyota China's Sales Up 77% Is First Half Of '07
Bakemono
post Jul 6 2007, 10:30 PM
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http://www.nyse.com/interface/jsp/NHDetail...isdowjones=true
QUOTE
Toyota Motor Corp. ™ saw its China sales surge 77% in the first six months of 2007 from the year-ago period, according to a Reuters report Thursday, which cited statements by an unnamed company official. Unit sales for the period totaled 212,000 the report said.


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humanoid
post Jul 6 2007, 10:39 PM
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With China's economy going through the roof, no doubt Toyota sales will increase even more in the future.
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lovemyabba
post Jul 7 2007, 07:01 AM
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Wow! 77% is a HUGE increase. They probably will continue to increase, but being that China is so populated, I have to wonder what the cap is on that market for automobiles? I mean, a lot of people there still ride bikes and just walk, sort of like our big cities - New York and the like.
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Bakemono
post Jul 7 2007, 10:58 AM
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True, but with more and more manufacturing in China, the standard of living is on the rise and people can afford more luxuries.
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humanoid
post Jul 7 2007, 04:33 PM
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QUOTE(Bakemono @ Jul 7 2007, 09:58 AM) [snapback]6667[/snapback]

True, but with more and more manufacturing in China, the standard of living is on the rise and people can afford more luxuries.


But the poor get poorer and the rich getting richer. The income gap in China is so great it's indescribeable, depressing really.
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Bakemono
post Jul 7 2007, 11:48 PM
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True, but even for the have-nots the standard of living is on the rise.
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