Toyota’s China Sales Sink In February On Coronavirus Outbreak
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Japanese automaker Toyota said on Wednesday its car sales in China, the world’s biggest auto market, fell 70.2% in February due to the coronavirus epidemic which has killed more than 2,900 people. Toyota, which is the first major global automaker to report its February sales in China, said it sold 23,800 Toyota and premium Lexus cars.
According to the China Passenger Car Association (CPCA), China’s overall passenger car sales dropped 89% in the first 23 days of February.
Questions & Answers
Q.What was the extent of Toyota's sales decline in China during February?
What was the extent of Toyota's sales decline in China during February?
Toyota's car sales in China dropped by 70.2% in February. This decline was attributed to the coronavirus epidemic impacting the world's biggest auto market at the time.
Q.How many vehicles did Toyota sell in China during February?
How many vehicles did Toyota sell in China during February?
Toyota sold a total of 23,800 vehicles in China in February. This figure includes both Toyota-branded cars and its premium Lexus vehicles across the market.
Q.How did Toyota's sales decline compare to the overall car market in China for the same period?
How did Toyota's sales decline compare to the overall car market in China for the same period?
Toyota's 70.2% sales drop was less severe than the overall market. China's passenger car sales saw an 89% decline in the first 23 days of February, according to the CPCA.
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