The Yomiuri Shimbun
daily reports that Japan's Toyota Motors plans to have 1,000 sales
outlets in China by 2010, as it aims to meet its goal of 10 percent
market share by then.
The world's second-largest
auto maker, which now has about 150 showrooms in the fast-growing
Chinese market, says it will increase that number according to
the growth of the market.
The paper says Toyota, a latecomer to the world's
third-biggest auto market, wants to expand its sales network to
catch up with leader Volkswagen AG, which has 1,010 outlets.
Last year, Toyota sold about 116,000 vehicles in
China, giving it a share of about 2 percent of the total market
including trucks and other commercial vehicles.
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