See every side of every news story
Published loading...Updated

Toyota aims to ramp up China production in a strategy pivot, sources say

Summary by Ground News
Toyota aims to make at least 2.5 million vehicles a year in China by 2030, three people said, an overhaul that will see it bring its Chinese sales and production operations closer together and allow local executives a freer hand in development. The plan, which has not been previously reported, represents a strategic pivot by the world's top selling automaker in the world's largest car market, underlining its ambition to claw back business lost to BYD (002594.SZ), opens new tab and other local players in recent years.

14 Articles

ReutersReuters
+8 Reposted by 8 other sources
Center

Exclusive: Toyota aims to ramp up China production

The plan represents a pivot by the world's top-selling automaker in the world's largest car market

·United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources are Center
57% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Bahart Express News broke the news in Greater Noida, India on Saturday, November 9, 2024.
Sources are mostly out of (0)