Toyota China Venture Sells 400 Camrys to Beijing Taxi Operator
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Toyota Motor Corp.’s joint venture with Guangzhou Automobile Group Co. delivered 400 hybrid Camry cars to a Beijing cab company in one of the biggest taxi-fleet sales of dual-powered vehicles in China.
Beijing Xianglong Taxi Co. took delivery of the cars in Beijing on Thursday and will use them for its online ride-booking service, GAC Toyota said in a statement. The sale by Toyota comes despite the central government directing local city governments to push for the adoption of electric vehicles for their taxi and public bus fleets.