Toyota Continued to Beat Ford in Chinese Market
According to data compiled by MarkLines Data Center, Toyota (TM), the largest Japanese automaker, reported a solid YoY (year-over-year) increase of 23.8% in its Chinese sales to ~135,700 vehicle units in November. The data were better than Ford’s 55% YoY decline in Chinese sales in November to 52,434 units, which we discussed in the previous two parts of this series. In October, Toyota’s Chinese market sales rose 19.5% YoY to ~134,600 units.