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Monday, February 23, 2009

Guangzhou Toyota launches new Camry in China

Feb. 24, 2009 (China Knowledge) - Guangzhou Toyota Motor, the joint venture between Guangzhou Automobile Industry Group Co Ltd (GAIG) and Japan's Toyota, has recently launched a new Toyota Camry in China and will start selling the new model on Mar.1, sources reported.

The new Toyota Camry has new air intake design and front, outward appearance and lower price. The company hopes the new Camry will help it reinforce its leading position in the domestic mid and high-end car market.

In addition, the company lowered down the price for the new car to around RMB 180,000 and it expects Camry to reach more customers and gain more market shares, said the Guangzhou-based company.

Despite the uncertainties in the domestic auto market, Guangzhou Toyota aims to sell 150,000 units of the new Camry this year as compared to last year's 147,000 units.


Source: http://www.chinaknowledge.com/

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