Toyota, Ford Lead China Auto Sales Increase After Tax CutBy
Toyota leads Japanese carmakers in China with 28% sales gain
Chinese brands including Great Wall cut prices to move stock
China’s passenger-vehicle sales rose 6.8 percent in the first quarter, led by Toyota Motor Corp. and Ford Motor Co., as consumers took advantage of a government tax cut and discounts from manufacturers.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.