Donews news on December 10, according to Nikkei Chinese Network report, in the past November, Toyota's new car sales in the Chinese market showed a positive growth trend, an increase of 17 percent over last year2%, which is the third consecutive month of upward sales.
In particular, sales of battery electric vehicles (EVs) and hybrid electric vehicles (HVs) were particularly strong, while Nissan's sales were back on the growth track after five months.
In November 2023, Toyota's sales in China achieved a significant** increase of 16., due to the base effect of the sharp decline in sales due to the impact of the new crown epidemic in the same period of 2022450,000 units.
Thanks to the ** event during the Guangzhou Motor Show, sales of a number of models, including the Corolla Cross SUV, performed strongly.
In terms of electric vehicles, Toyota's sales of EVs and HVs increased by 80% year-on-year, bringing total sales to 6340,000 units. The share of electric vehicles in Toyota's total sales also increased, increasing by 134 percentage points to 385%。
From the perspective of the joint venture partners, FAW Toyota's sales increased by 29 percent year-over-year7%, while GAC Toyota's sales fell slightly by 19%。
In addition, Toyota's premium brand Lexus sales increased to 22x. In the cumulative sales from January to November 2023, Toyota's sales in China decreased by 2% year-on-year, with a total of 1,722,100 units.
As for Nissan, the company released data on Dec. 7 showing that new car sales in China surged by 56% year-on-year in November1%, reaching 74,879 units.
However, in the cumulative sales from January to November 2023, Nissan's sales in China fell by 20 percent year-on-year7%, with a total of 694,895 units sold.